Convert Angolan Kwanza to Swiss Franc
Please provide values below to convert Angolan Kwanza [AOA] to Swiss Franc [CHF], or Convert Swiss Franc to Angolan Kwanza.
How to Convert Angolan Kwanza to Swiss Franc
1 AOA = 1156.74952824255 CHF
Example: convert 15 AOA to CHF:
15 AOA = 15 × 1156.74952824255 CHF = 17351.2429236382 CHF
Angolan Kwanza to Swiss Franc Conversion Table
| Angolan Kwanza | Swiss Franc |
|---|
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.
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.