1 安哥拉寬扎 - 安哥拉寬扎簡介
ISO 4217 Code：AOA
Source：The World Factbook, 2006 est.
FREQ. used：1, 2, 5 kwanzas
rarely used：10, 50 centimos
Banknotes：1, 5, 10, 50, 100, 200, 500, 1000, 2000 kwanzas
Central bank：Banco Nacional de Angola
The kwanza (ISO currency code: AOA, abbreviation also: Kz) is the currency of Angola.
2 安哥拉寬扎 - History
Four different currencies using the name kwanza have circulated since 1977.
|Start Date||Finish Date||Currency Unit||Sub Unit||Notes|
|8 January 1977||24 September 1990||Kwanza||100 lwei||1 kwanza = 1 Angolan escudo|
|25 September 1990||30 June 1995||Novo kwanza (AON)||none||1 novo kwanza = 1 kwanza|
|1 July 1995||30 November 1999||Kwanza reajustado (AOR)||none||1 kwanza reajustado = 1000 novos kwanzas|
|1 December 1999||present||Kwanza (AOA)||100 centimos||1 kwanza = 1,000,000 kwanzas reajustados|
First Kwanza, 1977-1990
The kwanza was introduced following Angolan independence. The first banknotes were dated 1976 but not issued until 1977. Coins were issued in denominations ranging from 50 lwei to 100 kwanzas. Interestingly, some of the coins were issued witout dates of issue, although all bore the date of independence, 11 November 1973. The last date to appear on coins was 1979.
Novo Kwanza, 1990-1995
The first banknotes were overprints on earlier notes and the denomination was given as novo kwanza. Later banknotes dropped the word novo. Angolans could only exchange 5% of all old notes for new ones; they had to exchange the rest for government securities. This kwanza suffered from high inflation.
Kwanza Reajustado, 1995-1999
Although the exchange rate to the previous kwanza was 1000 to one, such was the low value of the old kwanza that the smallest denomination of banknote issued was 1000 kwanza reajustado. The inflation continued with denominations reaching 5 million kwanza reajustado. No coins were issued.
Second Kwanza, 1999-
The introduction of this currency saw the Reintroduction of coins. Although it suffered early on from high inflation, its value has now stabilized.
Coins in 10 and 50 centimos denominations aren't used any more, as the values are minuscule.
Banknotes are quite similar with only different colours separating them.
3 安哥拉寬扎 - Historical exchange rates
|This table shows the historical value of one U.S. dollar in Angola kwanzas:|
|Date||Currency code and Name||Rate|
|1994||AON novo kwanza||34,200 to 850,000|
|Jan to Jun 1995||AON novo kwanza||1,000,000 to 2,100,000|
|1 July 1995||1000 AON -> 1 AOR (kwanza reajustado)|
|Jul to Dec 1995||AOR kwanza reajusto||2,100 to 13,000|
|1996||AOR kwanza reajusto||13,000 to 210,000 to 194,000|
|1997||AOR kwanza reajusto||194,000 to 253,300|
|1998||AOR kwanza reajusto||253,300 to 594,000|
|1999||AOR kwanza reajusto||594,000 to 5,400,000|
|1 December 1999||1 million AOR -> 1 AOA (kwanza)|
|2000||AOA kwanza||5.4 to 16.3|
|2001||AOA kwanza||16.3 to 31.12|
|2002||AOA kwanza||31.12 to 57.47|
|2003||AOA kwanza||57.47 to 86.88 to 78.61|
|2004||AOA kwanza||78.61 to 85.90|
|2005||AOA kwanza||85.90 to 88.97 to 80.58|
|2006||AOA kwanza||80.58 to -|
Angola's currencies were the Least valued currency unit for several times in the 1990s.
4 安哥拉寬扎 - 安哥拉寬扎樣幣
5 安哥拉寬扎 - 安哥拉寬扎鑄幣