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20 Escudos

Issuer Banco de Angola
Year 1972
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Size 129 × 62 mm
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Obverse description Log in to see details
Obverse lettering BANCO DE ANGOLA
VINTE ESCUDOS
20
24 DE NOVEMBRO DE 1972
O GOVERNADOR
O ADMINISTRADOR
Marechal Carmona
(Translation: Bank of Angola, Twenty Escudos, 24 November 1972, The Governor, The Administrator, Marshal Carmona)
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Protection description Marechal Carmona's portrait, visible in the blank area to the left of the central vignette on the obverse.
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Comments

Angola's 1972 20 Escudos note arrived late in the Portuguese colonial monetary system, issued just two years before the Carnation Revolution of April 1974 upended Lisbon and set Angola's independence in motion. The Banco de Angola, though nominally a commercial bank with note-issuing privileges, operated entirely under Portuguese metropolitan authority — there was nothing locally autonomous about its monetary policy.

Thomas De La Rue's production for this series is competent but unremarkable by the firm's standards. The watermark remains the sole security feature, modest even by early-1970s conventions.

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