Convert Kuwaiti Dinar to Angolan Kwanza
Please provide values below to convert Kuwaiti Dinar [KWD] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Angolan Kwanza
1 KWD = 0.000332136958752157 AOA
Example: convert 15 KWD to AOA:
15 KWD = 15 × 0.000332136958752157 AOA = 0.00498205438128235 AOA
Kuwaiti Dinar to Angolan Kwanza Conversion Table
| Kuwaiti Dinar | Angolan Kwanza |
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Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.
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.