100 Patacas Banco Nacional Ultramarino

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正面铭文	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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防伪描述	a junk sailing vessel visible when held to light; embedded security thread running vertically through the paper.
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备注	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.

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