Convert Angolan Kwanza to Tanzanian Shilling
Please provide values below to convert Angolan Kwanza [AOA] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Angolan Kwanza.
How to Convert Angolan Kwanza to Tanzanian Shilling
1 AOA = 0.357765306943501 TZS
Example: convert 15 AOA to TZS:
15 AOA = 15 × 0.357765306943501 TZS = 5.36647960415252 TZS
Angolan Kwanza to Tanzanian Shilling Conversion Table
| Angolan Kwanza | Tanzanian Shilling |
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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.
Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.