Convert Angolan Kwanza to Argentine Peso
Please provide values below to convert Angolan Kwanza [AOA] to Argentine Peso [ARS], or Convert Argentine Peso to Angolan Kwanza.
How to Convert Angolan Kwanza to Argentine Peso
1 AOA = 0.726205959705253 ARS
Example: convert 15 AOA to ARS:
15 AOA = 15 × 0.726205959705253 ARS = 10.8930893955788 ARS
Angolan Kwanza to Argentine Peso Conversion Table
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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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.