50 Rupees

The 1998 series marked a significant redesign for Seychellois currency, with Thomas De La Rue producing notes for the Central Bank that replaced the earlier post-independence issues. De La Rue had printed Seychelles notes going back to the colonial period under various issuing authorities, making this a long-standing commercial relationship rather than a new contract.

Security on this note is limited to a watermark — no security thread, no foil element. Modest by late-1990s standards, when most comparable island-economy central banks were already specifying threaded paper.