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50 Maloti

Issuer Central Bank of Lesotho
Year 1981
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Value 50 Maloti
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Reverse description Central vignette of 'Qiloane, the distinctive pinnacle rock formation, occupying the left portion of the design against a multicolour guilloche background. Denomination numerals appear at the corners, and the Sesotho denomination legend is set along the lower margin.
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Signature(s) E.R. Sekhonyana / E.K. Molemohi
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Comments

Bradbury Wilkinson printed the entire inaugural series for the Central Bank of Lesotho, which had only been established in 1978 — just three years before this note appeared. The 50 Maloti was the highest denomination in that first series, issued into an economy almost entirely dependent on remittances from migrant workers in South African mines and on customs revenue from the Southern African Customs Union.

E.R. Sekhonyana was Lesotho's Minister of Finance at the time, a signature pairing that places this note squarely in the early Leabua Jonathan government period, before the 1986 military coup ended civilian administration entirely.

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