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500 Kwanzas

Issuer Banco Nacional de Angola
Year 1979
Type Standard circulation banknote
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Obverse lettering BANCO NACIONAL DE ANGOLA
500
QUINHENTOS KWANZAS
(Translation: National Bank of Angola, Five Hundred Kwanzas)
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Reverse lettering QUINHENTOS KWANZAS
(Translation: Five Hundred Kwanzas)
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Comments

Angola's 1979 currency was issued just four years after independence, during the early consolidation of MPLA rule and an active civil war with UNITA and FNLA forces still contesting the country. That the government contracted Thomas De La Rue in London — a British firm — rather than a socialist-bloc printer reflects the pragmatic reality of nascent state infrastructure: ideology rarely survives the need for functioning banknotes.

The watermark is the sole mechanical security feature, modest even by the standards of the period. Inflation would render the 500 Kwanza denomination increasingly marginal through the 1980s as Angola's war economy deteriorated.

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