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Angola Hyperinflation Banknotes

 

1,000,000 Kwanzas Reajustados 1995

1,000,000 Kwanzas Reajustados 1995 front
1,000,000 Kwanzas Reajustados 1995 back

Enlarge: Front1,000,000 Kwanzas Rea. 1995 front
 & Back1,000,000 Kwanzas Rea. 1995 back

Front: José Eduardo dos Santos (1942-) and António Agostinho Neto (1922-1979), current and former president of Angola respectively

Back: School girl

 

5,000,000 Kwanzas Reajustados 1995

5,000,000 Kwanzas Reajustados 1995 front
5,000,000 Kwanzas Reajustados 1995 back

Enlarge: Front5,000,000 Kwanzas Rea. 1995 front
 & Back5,000,000 Kwanzas Rea. 1995 back

Front: José Eduardo dos Santos (1942-) and António Agostinho Neto (1922-1979), current and former president of Angola respectively

Back: View of Serra da Leba

Courtesy Steve Burke

 

Serra da Leba

Serra da Leba

Enlarge: Mountain PassSerra da Leba

Back to Hyperinflation Banknotes

Angola went through a period of hyperinflation between 1991 and 1999. Before 1991, the highest denomination was 1,000 Kwanzas. By 1994, it was 500,000 Kwanzas. In the 1995 currency reform, 1 Kwanza Reajustado was exchanged for 1,000 Kwanzas. But before the year was over, the highest denomination already reached 5,000,000 Kwanzas Reajustados. In the 1999 currency reform, 1 new Kwanza was exchanged for 1,000,000 Kwanzas Reajustados.
The overall impact of inflation: 1 current Kwanza = 1,000,000,000 pre 1995 Kwanzas.

 

 

 

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