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500 Kwanzas

Issuer Banco Nacional de Angola
Year 1976
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Currency Kwanza (1977-1990)
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Obverse description Central vignette bears an intaglio portrait of Dr. António Agostinho Neto (1922–1979), poet and first President of Angola, set against a background vignette of workers. The denomination numeral appears at lower left, framed by guilloche underprint work.
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Reverse description The central vignette presents a panoramic view of the Port of Luanda, with cargo vessels, cranes, and port facilities rendered in blue intaglio against a fine guilloche underprint. The Angolan Coat of Arms, inscribed 'República Popular Angola' and dated '11 de Novembro de 1975', is positioned at lower left, with the denomination numeral '500' in a guilloche cartouche at lower right and the value legend across the lower register.
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Comments

Angola's first post-independence banknote series, of which this is part, was issued in 1976 — the same year the MPLA government established the Banco Nacional de Angola as the sole monetary authority, replacing the colonial Banco de Angola. Thomas De La Rue handled the printing, a fairly routine assignment for the London firm but notable given that the contracts had to be negotiated during an active civil war in which Cuban troops were already deployed on Angolan soil.

The kwanza itself was introduced on 8 January 1977, replacing the escudo at par. Notes dated 1976 were prepared in anticipation of that transition.

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