Convert Angolan Kwanza to Lebanese Pound
Please provide values below to convert Angolan Kwanza [AOA] to Lebanese Pound [LBP], or Convert Lebanese Pound to Angolan Kwanza.
How to Convert Angolan Kwanza to Lebanese Pound
1 AOA = 0.0102737452513966 LBP
Example: convert 15 AOA to LBP:
15 AOA = 15 × 0.0102737452513966 LBP = 0.15410617877095 LBP
Angolan Kwanza to Lebanese Pound Conversion Table
| Angolan Kwanza | Lebanese Pound |
|---|
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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.