Seychellois rupee – Wikipedia

British colonyEdit

The British Legislative Council authorized the establishment of a Board of Commissioners of Currency through the Paper Currency Ordinance of 1914, which was enacted by C. R. M. OBrien, the Governor of the Colony of the Seychelles on 10 August 1914.[6][2] In 1914, the government produced emergency issues of notes for 50, .1/-, .5/- and .10/-.

Standard issue notes began to be issued in 1918, with notes for 50 and .1/-, followed by .5/-, .10/- and .50/- in 1928. The 50 cent and 1 notes were issued until 1951 and phased out in favor of the coins. .20/- and .100/- notes were first introduced in 1968, whilst the .5/- note was replaced by a coin in 1972.[2]

In 1976, the Seychelles Monetary Authority took over the issuance of paper money, issuing notes for .10/-, .25/-, .50/- and .100/-. This series featured the first President of the Seychelles, Sir James Mancham and replaced all colonial notes issued prior to independence.

In 1979, there was a redesign, featuring a more socialist and modernized theme reminiscent of the Ren regime. This series was also issued by the Central Bank of Seychelles when it took over full responsibility in the same year.[7]

In 1989, a new series was introduced with better security features and colours.[2]

In 1998, another more high-tech series was introduced with a more practical, ergonomic design. This series later saw an additional .500/- note first introduced in 2005.[2]

On June 7, 2011, the Central Bank of Seychelles issued updated .50/-, .100/- and .500/- notes with improved security features. Each of the three banknotes has a holographic patch instead of a foil sailfish which currently appears on the notes.

Additional security upgrades include a 2.5-mm wide fluorescent security thread on the .50/- note, a 2.5-mm wide colour-shifting security thread on the .100/- note, and a 3-mm wide colour-shifting security thread on the .500/- note. The notes are also protected by De La Rues unique Gemini technology that fluoresces under ultraviolet light but appears normal in daylight.[8]

The colour schemes of the notes have been revised, with the notes being more green, red, and orange, respectively, than the notes currently in circulation. The new notes also carry the year of printing, as well as the signature of Pierre Laporte, the banks current governor. Existing notes remain legal tender and will be removed from circulation as they wear out.[9]

In December 2016, the Central Bank of Seychelles issued a new series of banknotes to commemorate 40 years of Seychelles' independence. The theme of this series is "Seychelles' Unique Biodiversity - the backbone of the economy".[10][1]

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Seychellois rupee - Wikipedia