Convert Euro to Angolan Kwanza
Please provide values below to convert Euro [EUR] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Euro.
How to Convert Euro to Angolan Kwanza
1 EUR = 0.000927351619934395 AOA
Example: convert 15 EUR to AOA:
15 EUR = 15 × 0.000927351619934395 AOA = 0.0139102742990159 AOA
Euro to Angolan Kwanza Conversion Table
| Euro | Angolan Kwanza |
|---|
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
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.