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1 Pataca Banco Nacional Ultramarino

Issuer Banco Nacional Ultramarino
Year 1945
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Currency Pataca (1894-date)
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Obverse lettering BANCO NACIONAL ULTRAMARINO 行銀理滙外海國洋西大 LISBOA, 16 de Novembro de 1945. 圓壹 DECRETO № 17154 UMA PATACA O ADMINISTRADOR | O PRESIDENTE DE CONSELHO ADMINISTRATIVO 門澳 MACAU 門澳
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Protection type Watermark
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Comments

The Banco Nacional Ultramarino, a Lisbon-based institution chartered in 1864 to manage Portuguese colonial currency, issued this wartime 1 Pataca as part of a broader effort to stabilize Macau's monetary supply during the Japanese occupation of surrounding territories. Macau itself remained technically neutral — a peculiar anomaly of Portuguese non-belligerence — and continued operating as a functioning enclave while Hong Kong was under Japanese control, which made its currency unusually significant for cross-border transactions.

Waterlow & Sons produced the plates in London under wartime conditions, though physical delivery logistics for colonial issues of this period were frequently disrupted.

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