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1000 Ekuele
| Issuer | Banco Popular |
|---|---|
| Year | 1975 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Printer | Thomas De La Rue & Company, London, United Kingdom |
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| Obverse description | Red on multicolour underprint. Portrait of President Francisco Macías Nguema Biyogo at right, with the national Coat of Arms at centre. Denomination and issuing authority inscribed within a guilloche framework typical of De La Rue intaglio production. |
|---|---|
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| Protection type | Watermark |
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| Comments |
Equatorial Guinea's 1000 Ekuele note was issued just months after the country formally abandoned the CFA Franc zone in 1975, replacing the Ekpwele (later respelled Ekuele) as the national unit under the Macías Nguema dictatorship — one of the most brutal regimes in post-colonial African history. The currency change was partly an assertion of economic independence, partly administrative chaos. Thomas De La Rue printed the series under conditions where the issuing government had already begun its descent into near-total institutional collapse.
The Banco Popular itself was a Nguema-era creation, not a conventional central bank.