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500 Patacas
| Issuer | Banco da China |
|---|---|
| Year | 1999 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
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| Reference(s) | P#99 |
| Obverse description | The obverse is printed in green and olive tones, centred on a detailed intaglio vignette of the Governador Nobre de Carvalho Bridge at right, set against a fine guilloche underprint. The issuer's name in Chinese characters (中國銀行) and Portuguese (BANCO DA CHINA) runs along the top, with bilingual denomination inscriptions 伍佰圓 / QUINHENTAS PATACAS, the large numeral '500' at lower right, and the date MACAU, 20 DE DEZEMBRO DE 1999 at lower centre below the signature of the Director-Geral da Sucursal de Macau. |
|---|---|
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| Reverse lettering | 中國銀行 BANCO DA CHINA 500 澳門幣伍佰圓 |
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| Comments |
Banco da China became one of three note-issuing banks in Macau following a 1995 legislative change that ended Banco Nacional Ultramarino's century-long monopoly. This 500 Patacas note was issued in 1999 — the same year Macau's sovereignty transferred from Portugal to China on 20 December. The timing was deliberate: Banco da China's participation in the currency was as much a political signal as a financial one.
The Pataca itself remained pegged to the Hong Kong Dollar at a rate of approximately 1.03 HKD throughout this period, a peg that has held with minimal adjustment for decades.