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500 Afghanis

Issuer Bank of Afghanistan
Year 1967
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Value 500 Afghanis (أفغاني) (500 AFA)
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Obverse lettering د افغانستان بانک
په قعده افغانۍ
افغانستان بانک
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Reverse lettering د افغانستان بانک
500
AFGHANIS
۵۰۰
افغانۍ
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Comments

The Bank of Afghanistan's reliance on Thomas De La Rue throughout the 1960s reflects a deliberate policy of outside production — Afghanistan had no domestic banknote printing capability, and London-printed issues were considered more resistant to local counterfeiting than anything that could be reproduced regionally. The 1967 series of which this 500 Afghanis is a part was issued under relatively stable monetary conditions, before the political turbulence of the 1970s severely disrupted currency management.

Pick 45 is not a scarce note in circulated grades, but high-grade examples are harder to source than the catalog frequency suggests — the 500 Afghani denomination saw genuine transactional use rather than hoarding.

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