Catalog
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| Issuer | Banco Nacional de Angola |
|---|---|
| Year | 1987 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Novo kwanza (1990-1995) |
| Composition | Log in to see details |
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| Obverse description | Conjoined portraits of President António Agostinho Neto (1922–1979), first President of Angola, in the foreground, and President José Eduardo dos Santos (born 1942) in the background, set within a circle at right; denomination numeral at left, with guilloche underprint across the face. |
|---|---|
| Obverse lettering | BANCO NACIONAL DE ANGOLA NOVO KWANZA A VITÓRIA É CERTA (Translation: National Bank of Angola, New Kwanza, Victory is Certain) |
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| Comments |
Angola's currency went through a particularly unstable sequence in the 1980s. The Novo Kwanza, introduced in 1977 at par with the original Kwanza, was itself overprinted onto earlier stock rather than freshly printed in several denominations — a cost-saving measure during a period when the civil war was consuming the national budget and foreign exchange for printing contracts was hard to justify.
Thomas De La Rue handled the underlying printing, but the overprint itself was applied separately, and alignment inconsistencies between the base note and the overprint text are well documented across the series.