Convert Brazilian Real to Angolan Kwanza
Please provide values below to convert Brazilian Real [BRL] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Brazilian Real.
How to Convert Brazilian Real to Angolan Kwanza
1 BRL = 0.00605437606212593 AOA
Example: convert 15 BRL to AOA:
15 BRL = 15 × 0.00605437606212593 AOA = 0.0908156409318889 AOA
Brazilian Real to Angolan Kwanza Conversion Table
| Brazilian Real | Angolan Kwanza |
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Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.
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.