Convert Argentine Peso to Angolan Kwanza
Please provide values below to convert Argentine Peso [ARS] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Argentine Peso.
How to Convert Argentine Peso to Angolan Kwanza
1 ARS = 1.37701982011532 AOA
Example: convert 15 ARS to AOA:
15 ARS = 15 × 1.37701982011532 AOA = 20.6552973017298 AOA
Argentine Peso to Angolan Kwanza Conversion Table
| Argentine Peso | Angolan Kwanza |
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Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.
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.