Convert Angolan Kwanza to Turkmenistani Manat
Please provide values below to convert Angolan Kwanza [AOA] to Turkmenistani Manat [TMT], or Convert Turkmenistani Manat to Angolan Kwanza.
How to Convert Angolan Kwanza to Turkmenistani Manat
1 AOA = 262.714342857143 TMT
Example: convert 15 AOA to TMT:
15 AOA = 15 × 262.714342857143 TMT = 3940.71514285714 TMT
Angolan Kwanza to Turkmenistani Manat Conversion Table
Angolan Kwanza | Turkmenistani Manat |
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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.
Turkmenistani Manat
The Turkmenistani Manat (TMT) is the official currency of Turkmenistan, used for all monetary transactions within the country.
History/Origin
The Turkmenistani Manat was introduced in 1993, replacing the Soviet ruble, and has undergone several redenominations to stabilize the economy and control inflation.
Current Use
Today, the Manat is widely used in Turkmenistan for everyday transactions, banking, and trade, with banknotes and coins issued by the Central Bank of Turkmenistan.