Convert Angolan Kwanza to Bitcoin
Please provide values below to convert Angolan Kwanza [AOA] to Bitcoin [BTC], or Convert Bitcoin to Angolan Kwanza.
How to Convert Angolan Kwanza to Bitcoin
1 AOA = 108817762.948009 BTC
Example: convert 15 AOA to BTC:
15 AOA = 15 × 108817762.948009 BTC = 1632266444.22013 BTC
Angolan Kwanza to Bitcoin Conversion Table
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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.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.