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100 Patacas Banco Nacional Ultramarino
| Issuer | Banco Nacional Ultramarino |
|---|---|
| Year | 1992-1999 |
| Type | Standard circulation banknote |
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| Obverse description | Blue and lilac note with an intaglio vignette of a traditional Chinese junk under full sail at right, set against a pale underprint of an antique cartographic map of Macau and surrounding waters. The bank title BANCO NACIONAL ULTRAMARINO and its Chinese equivalent 大西洋銀行 appear across the upper portion, flanked by the denomination numerals 100 at each corner, with CEM PATACAS and 壹百圓 boldly printed in the centre. Two signature panels appear at lower centre above the date MACAU, 13 DE JULHO DE 1992, with guilloche borders framing the entire design. |
|---|---|
| Obverse lettering | BANCO NACIONAL ULTRAMARINO 大西洋銀行 MACAU DECRETO-LEI N.ᵒ 36/92/M, DE 13 DE JULHO CEM PATACAS 壹百圓 MACAU, 13 DE JULHO DE 1992 CONSELHO DE ADMINISTRAÇÃO / DIRECTOR-GERAL DO DEPARTAMENTO DE MACAU PRESIDENTE |
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| Comments |
The Banco Nacional Ultramarino retained its note-issuing role in Macau well past Portuguese handover negotiations — an arrangement that continued until the Autoridade Monetária e Cambial de Macau formally absorbed those functions in 1995, though existing BNU notes remained legal tender through the transition period. Thomas De La Rue's production of this series reflects the long-standing contract relationship between the bank and the London printer that dated back decades through the colonial period.
The pataca's peg to the Hong Kong dollar, fixed since 1977 at 1.03 HKD per MOP, meant this denomination saw steady commercial use rather than speculative hoarding — 100 patacas was a practical working note, not a high-value store.