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500 Francs African elephant

Issuer Banki Nkuru y'u Rwanda (National Bank of Rwanda)
Year 2010
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Composition Silver (.999)
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Reverse script Latin
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Edge Plain
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Additional information

Rwanda's National Bank issued this piece during a period when the country was aggressively expanding its commemorative program to attract hard-currency revenue from the collector market — a strategy adopted by several small African nations in the 2000s as a reliable source of foreign exchange that required no raw material extraction and minimal infrastructure. The elephant series was produced through a European minting contractor, as Rwanda had no domestic striking facility of its own.

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