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1 000 000 Kwanzas Reajustados
| Issuer | Banco Nacional de Angola |
|---|---|
| Year | 1995 |
| Type | Standard circulation banknote |
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| Obverse description | At right, a circular vignette contains portrait busts of two Angolan heads of state: António Agostinho Neto (1922–1979), first President of Angola and MPLA leader, in the foreground, with José Eduardo dos Santos (1942–) shown in the background. The denomination is indicated at left, with the national motto 'A VITÓRIA É CERTA' inscribed within the design. |
|---|---|
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| Reverse description | The central vignette shows a schoolgirl seated at a desk doing homework, positioned alongside a map of Angola. The national coat of arms appears at lower left, a traditional mask at upper right, and the denomination is inscribed above the central design. |
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| Comments |
Angola's kwanza reajustado was introduced in 1995 as a transitional currency, replacing the original kwanza at a rate of 1,000 to 1 — itself a response to hyperinflation that had rendered smaller denominations functionally worthless. A one-million unit note in a currency that had already undergone one redenomination tells you everything about where the economy stood. The reajustado lasted only until 1999, when it was replaced by the second kwanza at 1,000,000 to 1.