Convert South Korean Won to Angolan Kwanza
Please provide values below to convert South Korean Won [KRW] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to South Korean Won.
How to Convert South Korean Won to Angolan Kwanza
1 KRW = 1.50361163597354 AOA
Example: convert 15 KRW to AOA:
15 KRW = 15 × 1.50361163597354 AOA = 22.5541745396031 AOA
South Korean Won to Angolan Kwanza Conversion Table
South Korean Won | Angolan Kwanza |
---|
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.
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.