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1000 Ekuele

Issuer Banco Popular
Year 1975
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Printer Thomas De La Rue & Company, London, United Kingdom
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Reverse description Red on multicolour underprint. Central vignette shows the Banco Popular building (inscribed "EDIFICIO BANCO POPULAR") set within a landscaped scene with trees at left. A rooster vignette appears to the right of the building, flanked by cacao pod and banana bunch motifs at bottom centre. A large blank guilloche medallion occupies the right field, with denomination numerals "1000" repeated in each corner.
Reverse lettering BANCO POPULAR MIL EKUELE EDIFICIO BANCO POPULAR THOMAS DE LA RUE & COMPANY, LIMITED
(Translation: People's Bank One Thousand Ekuele Banco Popular Building Thomas De La Rue & Company, Limited)
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Comments

Equatorial Guinea's 1000 Ekuele note was issued just months after the country formally abandoned the CFA Franc zone in 1975, replacing the Ekpwele (later respelled Ekuele) as the national unit under the Macías Nguema dictatorship — one of the most brutal regimes in post-colonial African history. The currency change was partly an assertion of economic independence, partly administrative chaos. Thomas De La Rue printed the series under conditions where the issuing government had already begun its descent into near-total institutional collapse.

The Banco Popular itself was a Nguema-era creation, not a conventional central bank.

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