500 Francs

The Banque de l'Algérie et de la Tunisie was a dual-mandate institution — unusual in colonial banking — responsible for note issue across two distinct territories with different administrative statuses under French authority. This 500 Francs note was printed at the Banque de France workshops in Paris, which supplied intaglio work of a quality the colonial issuer could not replicate locally. Robert Poughéon was a well-regarded figure in French decorative arts; his involvement here reflects the degree to which metropolitan France invested in the visual prestige of its colonial currency.

The series was superseded when Tunisia moved toward its own central bank ahead of independence in 1956.