50 Gulden

De Curaçaosche Bank was established in 1828 as the sole bank of issue for the Netherlands Antilles, and by 1948 it was operating in an unusual post-war transitional moment — the Kingdom of the Netherlands had not yet enacted the Statuut that would reshape relations between the islands and The Hague, leaving the bank's constitutional position somewhat ambiguous. This note was printed by Enschedé in Haarlem, a firm that had been producing Dutch colonial currency for generations and whose intaglio work on Caribbean issues of this period is technically among their finest.

The 50 Gulden denomination was the highest in the series, which kept its circulation relatively restricted — these passed through institutional hands more often than commercial ones.