Convert Swiss Franc to Angolan Kwanza
Please provide values below to convert Swiss Franc [CHF] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Swiss Franc.
How to Convert Swiss Franc to Angolan Kwanza
1 CHF = 0.000864491383471151 AOA
Example: convert 15 CHF to AOA:
15 CHF = 15 × 0.000864491383471151 AOA = 0.0129673707520673 AOA
Swiss Franc to Angolan Kwanza Conversion Table
| Swiss Franc | Angolan Kwanza |
|---|
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency 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.