Convert Angolan Kwanza to United States Dollar
Please provide values below to convert Angolan Kwanza [AOA] to United States Dollar [USD], or Convert United States Dollar to Angolan Kwanza.
How to Convert Angolan Kwanza to United States Dollar
1 AOA = 919.5002 USD
Example: convert 15 AOA to USD:
15 AOA = 15 × 919.5002 USD = 13792.503 USD
Angolan Kwanza to United States Dollar 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.
United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.