The 500 Dinars banknote issued in 1998 by the Bank of Algeria represents a period of economic transition and cultural affirmation in the late 1990s. This uncirculated note features detailed imagery of national landmarks, bilingual Arabic–French script, and security elements like watermark and embedded thread. A rare and distinguished piece for serious collectors of North African and modern Algerian currency.
Obverse
Multicolored front and back printing, predominantly purple.
Texts in Arabic: “Bank of Algeria” and “Five hundred dinars”. Prefix and numbering in black. View of the battle between Hannibal’s army riding elephants against Roman soldiers.
Banknote identical to Pick #139 but with the addition of a holographic strip with a width of 13 millimeters and the security thread on the back.
Reverse
Tomb of Numid king Massinissa.
Watermark
Repeated Elephant’s heads.
Features
| Issuer | Algeria |
|---|---|
| Issuing bank | Bank of Algeria (بنك الجزائر) |
| Ruling authority | People’s Democratic Republic (1962-date) |
| Type | Standard circulation banknotes |
| Year | 1998 |
| Value | 500 Dinars 500 DZD = GBP 2.82 |
| Currency | Dinar (1964-date) |
| Composition | Paper |
| Size | 150 × 71 mm |
| Shape | Rectangular |
