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1000 Kwanzas
| Issuer | Banco Nacional de Angola |
|---|---|
| Year | 1984-1987 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Kwanza (1977-1990) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO NACIONAL DE ANGOLA 1000 A VITÓRIA É CERTA (Translation: National Bank of Angola / One Thousand / Victory is Certain) |
| Reverse description | Log in to see details |
| Reverse lettering | MIL KWANZAS REPÚBLICA POPULAR DE ANGOLA (Translation: One Thousand Kwanzas / People's Republic of Angola) |
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| Comments |
Angola's 1984 series came at a particularly difficult moment for the kwanza. The currency had been introduced in 1977 to replace the escudo following independence, but by the mid-1980s chronic oil-revenue dependency and the ongoing civil war with UNITA were already eroding purchasing power severely. The 1000 kwanza note, a high denomination at issue, would within a few years become inadequate for ordinary transactions as inflation accelerated toward the late-1980s collapse that eventually forced the novo kwanza reform of 1990.
The note was printed by the Casa da Moeda in Portugal — a colonial-era relationship that independent Angola maintained for practical reasons well into the postwar decade.