Convert Angolan Kwanza to Moroccan Dirham
Please provide values below to convert Angolan Kwanza [AOA] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Angolan Kwanza.
How to Convert Angolan Kwanza to Moroccan Dirham
1 AOA = 102.072555310103 MAD
Example: convert 15 AOA to MAD:
15 AOA = 15 × 102.072555310103 MAD = 1531.08832965154 MAD
Angolan Kwanza to Moroccan Dirham Conversion Table
| Angolan Kwanza | Moroccan Dirham |
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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.
Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.