Convert Angolan Kwanza to Turkish Lira
Please provide values below to convert Angolan Kwanza [AOA] to Turkish Lira [TRY], or Convert Turkish Lira to Angolan Kwanza.
How to Convert Angolan Kwanza to Turkish Lira
1 AOA = 22.737000101383 TRY
Example: convert 15 AOA to TRY:
15 AOA = 15 × 22.737000101383 TRY = 341.055001520745 TRY
Angolan Kwanza to Turkish Lira Conversion Table
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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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.