The Central Bank of Eswatini has explained the new E50 commemorative banknote.
The CBE introduced the new E50 commemorative banknote, unveiled by His Majesty King Mswati III during the Bank’s 50-year Golden Jubilee celebration.
In social media communique, the bank explained the banknote features iconic landmarks such as Sibebe Rock and the King Mswati III International Airport, symbolizing tourism and infrastructure development.
“ Additionally, the inclusion of a tap-and-pay icon and the Manzini-Interchange highway represents technological advancements and modern transportation,” read the communique.
These features showcase the country’s infrastructure development, tourist attractions, technological advancements and innovation.
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This commemorative banknote is circulating alongside the existing E50 banknote, serving as a tangible reminder of Eswatini’s economic growth and stability over the past five decades.
The note was unveiled in April 2024. Both the old and reprinted E50 notes are legal tender, and they co-circulate.
“The Central Bank of Eswatini takes pride in its responsibility to provide high quality banknotes and to ensure public confidence by minimizing the counterfeiting of our money.
Over the years, banknote durability and security features have advanced significantly, in line with international best practice,” further reads the communique.
“We are delighted to present our reprinted E50. Familiarize yourself with the new changes to increase confidence and trust in your money.
Both the old and reprinted E50 notes are legal tender and will co-circulate,” reads the communique on Facebook.
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The violet, 152-millimeter by 70-millimeter note was printed on a composite substrate in Germany by Giesecke + Devrient. The note’s face is like the regular 50-emalangeni note but with a rectangular, reddish-purple CBE50 logo added.
The note face retains the usual portrait of King Mswati III. There is also a green and pink security thread.
The note back shows a different building than the Central Bank of Eswatini headquarters, which appears on the regular issue notes.
Even though the bank is the subject of this commemorative note, its back features instead the terminal building of the King Mswati III International Airport in Lubombo.