Angolan Kwanza

By Samantha Hathaway Updated on Fri, 03 May 2024 Any question please contact DayDayFinance.COM.

Angolan Kwanza

The Angolan Kwanza is the official currency of Angola. It was introduced in 1999, replacing the previous currency, the Angolan Escudo. The Kwanza is subdivided into 100 smaller units called "Lwei". The currency is issued by the National Bank of Angola and its value is determined by the foreign exchange market. 


The Kwanza has faced challenges over the years due to factors such as inflation, political instability, and a reliance on oil exports. However, efforts have been made by the government to stabilize the currency and promote economic growth. 


In terms of usage, the Kwanza is widely accepted in Angola for transactions such as purchasing goods and services, paying bills, and making investments. It can also be exchanged for other currencies at banks and exchange bureaus. 


Overall, the Angolan Kwanza plays an important role in the economy of Angola and its stability is crucial for the country's growth and development.


Below is the related paper currencies in Angolan Kwanza.

2020     AOA1000    

aoa_1000_2020_o.jpg  aoa_1000_2020_o.jpg
2020     AOA2000    
aoa_2000_2020_o.jpg  aoa_2000_2020_o.jpg
2020     AOA200    
aoa_200_2020_o.jpg  aoa_200_2020_o.jpg
2020     AOA5000    
aoa_5000_2020_o.jpg  aoa_5000_2020_o.jpg
2020     AOA500    
aoa_500_2020_o.jpg  aoa_500_2020_o.jpg
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