Convert New Taiwan Dollar to Angolan Kwanza
Please provide values below to convert New Taiwan Dollar [TWD] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Angolan Kwanza
1 TWD = 0.0319358277464214 AOA
Example: convert 15 TWD to AOA:
15 TWD = 15 × 0.0319358277464214 AOA = 0.479037416196321 AOA
New Taiwan Dollar to Angolan Kwanza Conversion Table
| New Taiwan Dollar | Angolan Kwanza |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange 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.