Convert Australian Dollar to Angolan Kwanza
Please provide values below to convert Australian Dollar [AUD] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Australian Dollar.
How to Convert Australian Dollar to Angolan Kwanza
1 AUD = 0.00166307739791682 AOA
Example: convert 15 AUD to AOA:
15 AUD = 15 × 0.00166307739791682 AOA = 0.0249461609687524 AOA
Australian Dollar to Angolan Kwanza Conversion Table
| Australian Dollar | Angolan Kwanza |
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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.
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.