Convert Angolan Kwanza to Australian Dollar
Please provide values below to convert Angolan Kwanza [AOA] to Australian Dollar [AUD], or Convert Australian Dollar to Angolan Kwanza.
How to Convert Angolan Kwanza to Australian Dollar
1 AOA = 601.294925451216 AUD
Example: convert 15 AOA to AUD:
15 AOA = 15 × 601.294925451216 AUD = 9019.42388176825 AUD
Angolan Kwanza to Australian Dollar Conversion Table
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Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.