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500 Pesos
| Issuer | Banco Nacional da Guiné-Bissau |
|---|---|
| Year | 1990 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Printer | Thomas De La Rue & Company, London, United Kingdom |
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|---|---|
| Obverse lettering | BANCO CENTRAL DE GUINÉ-BISSAU QUINHENTOS PESOS 1 DE MARÇO DE 1990 FRANCISCO MENDES (Translation: Central Bank of Guinea-Bissau Five Hundred Pesos March 1st., 1990) |
| Reverse description | Deep blue, red and multicolour. The central vignette illustrates a scene of the slave trade, with figures being forcibly transported and loaded onto ships bound for the Americas, rendered in a historical narrative style. |
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| Comments |
Guinea-Bissau's post-independence central bank issued this note during a period of acute economic stress — the country had effectively been bankrupt through much of the 1980s, relying on Soviet and Cuban aid that was rapidly drying up as the Cold War wound down. The 500 Pesos denomination sat near the top of the Peso series, a currency that was already losing ground badly against inflation before it was replaced by the CFA Franc in 1997.
Thomas De La Rue produced the series for several West African issuers simultaneously during this period, and the workmanship is characteristically clean. The single-feature security package — watermark only — reflects the budgetary constraints of the issuing authority rather than any printing limitation.