Angolan Kwanza · AOA
Kz symbol · 1 country currently using this currency.
Currency info
Adopted: 1976
Currency family: Other
The Kwanza River, which inspired the currency's name, is one of Angola's most important waterways and holds cultural significance in the country's history.
- Introduced in 1976 following Angola's independence from Portugal, replacing the Portuguese Escudo
- Named after the Kwanza River in Angola
- Experienced significant devaluation during Angola's civil war period (1975-2002)
- Redenominated in 1995 with the introduction of new banknotes and coins
- Managed by the National Bank of Angola (BNA)
Countries currently using this currency
Related
Other Other currencies
Historical predecessor
Portuguese Escudo