Convert Thai Baht to Angolan Kwanza
Please provide values below to convert Thai Baht [THB] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Thai Baht.
How to Convert Thai Baht to Angolan Kwanza
1 THB = 0.0350327275622126 AOA
Example: convert 15 THB to AOA:
15 THB = 15 × 0.0350327275622126 AOA = 0.525490913433189 AOA
Thai Baht to Angolan Kwanza Conversion Table
| Thai Baht | Angolan Kwanza |
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Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.
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.