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5000 Kwanzas Reajustados
| Issuer | Banco Nacional de Angola |
|---|---|
| Year | 1995 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Cotton paper |
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|---|---|
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| Protection type | Watermark |
| Protection description | António Agostinho Neto portrait |
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| Comments |
The Kwanza Reajustado was Angola's attempt to stabilize a currency that had been gutted by hyperinflation during one of Africa's longest and most destructive civil wars. Introduced in 1995 at a rate of 1,000 old Kwanzas to 1 Reajustado, the redenomination was essentially a cosmetic exercise — underlying inflation continued, and the Reajustado itself was abandoned by 1999 when the Kwanza was reintroduced at 1,000,000 Reajustados to 1 new Kwanza.
At the 5,000 denomination level, this note was already a mid-range transactional bill by the time it was issued, which tells you everything about where prices stood in Angola that year.