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50 Kwanzas
| Issuer | Banco Nacional de Angola |
|---|---|
| Year | 2012 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 145 × 66 mm |
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| Printer | Log in to see details |
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| Obverse description | At right, a circular vignette contains the conjoined portraits of António Agostinho Neto (1922–1979), first President of Angola, in the foreground, and José Eduardo dos Santos (born 1942), second President of Angola, behind him. The denomination numeral appears at left against a guilloche underprint. The issuer's name is printed across the upper portion of the note. |
|---|---|
| Obverse lettering | Log in to see details |
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| Protection type | Log in to see details |
| Protection description | António Agostinho Neto's portrait, visible when held to light |
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| Comments |
Angola's partnership with Goznak — the Russian state printing enterprise — dates to the post-civil war period, when the Banco Nacional was rebuilding its currency infrastructure after nearly three decades of conflict that had effectively destroyed confidence in Angolan paper money. The 2012 series reflected a stabilized kwanza, backed by oil revenues that had transformed the economy in the years following the 2002 peace agreement.
Goznak's involvement is worth noting: the Moscow facility has supplied notes to numerous African central banks, often competing directly with De La Rue and Giesecke+Devrient for contracts. The watermark-only security specification on this denomination sits at the lower end of what Goznak typically offers.