Catalog
100 Ekuele
| Issuer | Banco Popular |
|---|---|
| Year | 1975 |
| Type | Log in to see details |
| Value | 100 Ekuele |
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| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO POPULAR PUERTO MACIE NGUEMA BIYOGO NSUE NDONG CIEN EKUELE 100 |
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| Protection type | Log in to see details |
| Protection description | Rooster watermark visible in the blank circular space on both obverse and reverse |
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| Comments |
Equatorial Guinea issued this note in 1975 under the Macías Nguema dictatorship, one of the most brutal regimes in postcolonial African history. The country had adopted the ekuele in 1975 to replace the peseta guineana, severing the last formal monetary tie to Spain following independence in 1968. Thomas De La Rue handled the printing, as they did for much of the Banco Popular series — a practical arrangement given the near-total collapse of domestic institutional capacity under Macías.
The regime's economic mismanagement was catastrophic; by the late 1970s, the formal banking system had effectively ceased to function, and notes from this period saw highly erratic circulation patterns.