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100 Angolares

Issuer Banco de Angola
Year 1927
Type Standard circulation banknote
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Obverse lettering BANCO DE ANGOLA CEM ANGOLARES
(Translation: Bank of Angola, One Hundred Angolares)
Reverse description Central intaglio vignette of a Nile crocodile in a naturalistic riverside setting, rendered with fine engraved detail including reeds, palms, and rocky terrain. The denomination inscription panel is positioned below the crocodile vignette, flanked by two large circular guilloche rosettes at lower left and lower right, with the numeral 100 repeated in the upper corners. The bank name appears in a decorative cartouche at the top, the whole printed in green on a pale ground.
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Comments

Banco de Angola was established by Portuguese colonial decree in 1926, replacing the Banco Nacional Ultramarino as the sole note-issuing authority in Angola. This 100 Angolares belongs to the bank's inaugural series — the first notes issued under its own name rather than through a Lisbon-based overseas institution. De La Rue's involvement was the default choice for Portuguese colonial currency at this period; the same London firm handled much of Portugal's own domestic production.

The angolar itself was a new unit, introduced to replace the older réis-based system at a rate of 100 réis to the centavo. A clean decimal reset for a colonial economy the Salazar-era administration was just beginning to reorganize.

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