Convert Canadian Dollar to Angolan Kwanza
Please provide values below to convert Canadian Dollar [CAD] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Canadian Dollar.
How to Convert Canadian Dollar to Angolan Kwanza
1 CAD = 0.00148178325572958 AOA
Example: convert 15 CAD to AOA:
15 CAD = 15 × 0.00148178325572958 AOA = 0.0222267488359437 AOA
Canadian Dollar to Angolan Kwanza Conversion Table
Canadian Dollar | Angolan Kwanza |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
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.