Convert Hong Kong Dollar to Angolan Kwanza
Please provide values below to convert Hong Kong Dollar [HKD] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Angolan Kwanza
1 HKD = 0.00853702913822096 AOA
Example: convert 15 HKD to AOA:
15 HKD = 15 × 0.00853702913822096 AOA = 0.128055437073314 AOA
Hong Kong Dollar to Angolan Kwanza Conversion Table
Hong Kong Dollar | Angolan Kwanza |
---|
Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
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.