Catalog
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| Issuer | Banco Nacional de Angola |
|---|---|
| Year | 1995 |
| Type | Standard circulation banknote |
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| Obverse description | Circular vignette at right contains paired portraits of President José Eduardo dos Santos (1942–) in the background and António Agostinho Neto (1922–1979), first President of Angola, in the foreground; denomination numeral appears at left against a guilloche underprint. The patriotic motto 'A VITÓRIA É CERTA' (Victory is Certain) is inscribed across the note. |
|---|---|
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| Reverse description | Central vignette of a Giant Sable Antelope (Hippotragus niger variani), the national animal of Angola, set against a decorative guilloche background; the denomination appears above the vignette, the national Coat of Arms is positioned at lower left, and a traditional African mask occupies the upper right. |
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| Comments |
The Kwanza Reajustado was Angola's attempt to stabilize a currency in freefall. Introduced in 1995 at a conversion rate of 1,000 old Kwanzas to 1 Kwanza Reajustado, it barely had time to function before hyperinflation consumed it too — the entire series was replaced by the readjusted Kwanza in 1999, itself then scrapped for the reconverted Kwanza in the same year.
Angola cycled through five distinct currency units between 1977 and 1999, each one a response to a war economy the Luanda government could not bring under control while UNITA and MPLA fighting continued in the interior.