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1.000 Ekuele
| Issuer | Banco Popular |
|---|---|
| Year | 1975 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | Red on multicolour underprint. Central vignette of the Banco Popular building rendered in intaglio, flanked by trees; rooster motif to the right of the building. Denomination numerals at lower left and upper right corners, with 'MIL EKUELE' at bottom centre. |
| Reverse lettering | BANCO POPULAR EDIFICIO BANCO POPULAR MIL EKUELE 1000 |
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| Comments |
Equatorial Guinea's 1,000 Ekuele note was issued under the dictatorship of Francisco Macías Nguema, whose regime had by 1975 become one of the most brutal and economically destructive in African post-colonial history. The country had already shed the CFA franc zone in 1975, introducing the Ekuele as part of a broader rupture with Spanish colonial financial structures — a move that accelerated rather than stabilized the monetary collapse already underway.
Thomas De La Rue handled production, but the economic machinery behind the currency was in freefall. Nguema's government reportedly stored national reserves in his personal hut.