Green on multicolor underprint; overprinted on P#2 (500 Pesetas Guineanas). Derrick loading logs at left; shoreline at center. Red rectangular stamp with new bank name and specifications.
Reverse description
Green. Woman with bundle on head at right; Coat of Arms at Center.
Signature(s)
Protection type
Watermark
Protection description
Man`s head.
Obverse lettering
REPUBLICA DE GUINEA ECUATORIAL
EL BANCO CENTRAL
PAGARÁ AL PORTADOR
QUINIENTAS
PESETAS GUINEANAS
SANTA ISABEL, 12 DE OCTUBRE DE 1969
BANCO DE GUINEA ECUATORIAL
HABILITADO PARA
CINCO MIL BIPKWELE
MALABO, 21 OCTUBRE 1980 (Translation: Republic of Equatorial Guinea The Central Bank pay to bearer Five Hundred Pesetas Guineanas Santa Isabel, October 12, 1969 Bank of Equatorial Guinea Valid for Five Thousand Bipkwele Malabo, October 21, 1980)
Reverse lettering
BANCO CENTRAL
UNIDAD PAZ JUSTICIA
QUINIENTAS
PESETAS GUINEANAS (Translation: Central Bank Unit Peace Justice Five Hundred Pesetas Guineanas)