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500 Kwanzas
| Issuer | Banco Nacional de Angola |
|---|---|
| Year | 1984-1987 |
| Type | Log in to see details |
| Value | 500 Kwanzas (500 AOK) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Conjoined portraits of President José Eduardo dos Santos (1942) in the background and António Agostinho Neto (1922–1979), 1st President of Angola and MPLA leader, in the foreground, set within a circular vignette at right; denomination numeral appears at left against a guilloche underprint. The design is printed in intaglio with lettering across the upper and lower margins. |
|---|---|
| Obverse lettering | Log in to see details |
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| Signature(s) | Log in to see details |
| Protection type | Watermark |
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| Comments |
Angola's 500 Kwanza notes of this period circulated during one of the most destructive phases of the civil war, when the MPLA government's Soviet-backed economy was hemorrhaging foreign exchange and the kwanza was already well on its way to collapse. Inflation had been eroding purchasing power since independence in 1975, and by the mid-1980s even large denominations were rapidly losing practical utility.
The P#120 series spans three issue years, a range that reflects both the pace of wear in wartime circulation and the limited print runs each year could sustain.