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500 000 Kwanzas Reajustados
| Issuer | Banco Nacional de Angola |
|---|---|
| Year | 1995 |
| Type | Log in to see details |
| Value | 500 000 Kwanzas Reajustados (500 000 AOR) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | At right, a circular vignette carries conjoined portraits of President José Eduardo dos Santos (1942) in the background and António Agostinho Neto (1922–1979), first President of Angola, in the foreground. The denomination appears at left within a guilloche underprint field. The motto inscription 'A VITÓRIA É CERTA' is integrated into the design. |
|---|---|
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| Reverse description | Log in to see details |
| Reverse lettering | QUINHENTOS MIL KWANZAS REAJUSTADOS (Translation: Five Hundred Thousand Kwanzas Reajustados) |
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| Comments |
Angola's kwanza reajustado was itself a replacement currency, introduced in 1995 to substitute the original kwanza at a rate of 1,000 to 1 — a ratio that reflects just how severely the civil war had eroded purchasing power by that point. The 500,000 denomination sits near the top of the reajustado series, which speaks to the inflation still running through the economy even as the new currency was being introduced.
The series was short-lived. By 1999, the kwanza reajustado was replaced again, this time by the second kwanza at 1,000,000 to 1.