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50 Centavos

Issuer Banco Nacional Ultramarino
Year 1941
Type Standard circulation banknote
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Obverse lettering CINQUENTA CENTAVOS COLÓNIA DE MOÇAMBIQUE DECRETO No. 17:154 LOURENÇO MARQUES, 1 DE SETEMBRO DE 1941 PELO BANCO NACIONAL ULTRAMARINO O GERENTE O INSPECTOR IMPRENSA NACIONAL DE MOÇAMBIQUE - 1941
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Reverse lettering SÉRIE B
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Comments

The Banco Nacional Ultramarino served as the privileged issuing bank for Portuguese overseas territories, and this 50 Centavos note is one of the few low-denomination wartime issues actually printed in Mozambique rather than sent from Lisbon. The Imprensa Nacional de Moçambique handled production locally — a practical necessity given wartime Atlantic shipping disruptions, though the result is noticeably cruder than metropolitan-printed BNU issues of the same period.

At this denomination, purchasing power was already marginal by 1941, and the notes circulated hard and fast. Worn examples are the rule; anything approaching uncirculated is genuinely uncommon for P#80.

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