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50 Nakfa

Issuer Bank of Eritrea
Year 2004
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Value 50 Nakfa
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Obverse lettering STATE OF ERITREA
FIFTY NAKFA
50
Legal tender of Eritrea
PRESIDENT
GOVERNOR
ህዝባዊ ነቃፋ
50
Reverse description The central vignette presents a detailed intaglio view of the port of Massawa, with cargo vessels, cranes, and dockside infrastructure rendered in intricate line engraving across a deep crimson and pale blue guilloche underprint. A dromedary camel silhouette appears in the left field as a secondary vignette element, while a decorative cogwheel device occupies the upper right corner. The denomination numeral '50' appears in ornamental cartouches at each corner, with the issuing authority's name in the top border band and the denomination legend in the bottom border.
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Comments

Eritrea's 2004 note series, of which this is a part, was the second issue from the Bank of Eritrea following the introduction of the nakfa in 1997 — a currency born directly out of the 1993 independence from Ethiopia and the subsequent need to sever monetary ties with the Ethiopian birr. The nakfa itself was named after the town of Nakfa in the Sahel region, which held symbolic importance as an undefeated stronghold during the thirty-year independence war.

Giesecke & Devrient have printed Eritrean notes since the inaugural 1997 series, giving the issues a consistent technical baseline across both releases.

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