US Dollar to Angolan Kwanza — exchange rate

Country of Circulation: United States, British Virgin Islands, Ecuador, Panama and others

Currency Code, Symbol: USD, $

Denominations of coins in circulation: 1¢, 5¢, 10¢, 25¢

Denominations of banknotes in circulation: $1, $2, $5, $10, $20, $50, $100

History: The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.Read More

Country of Circulation: Angola

Currency Code, Symbol: AOA, Kz

Denominations of coins in circulation: 1, 2, 5, 10, 20, 50, 100 kwanzas

Denominations of banknotes in circulation: 1, 5, 10, 50, 100, 200, 500, 1,000, 2,000, 5,000 kwanzas

History: The Angolan kwanza (Kz) is issued only in one country – Angola. Traditionally, the AOA abbreviation is used to denote this monetary unit. Since 1999, one Angolan kwanza equals 100 centimos, but it was previously subdivided into lwei.The currency itself was issued in 1977 replacing the old Angolan escudo. A monetary reform restricted the exchange of escudo to new notes. The government turned a part of old units into debt obligations to the population. Now, the Angolan kwanza is printed at the Russian enterprise Goznak.Read More