AFN to AOA
Currency conversion rates from AFN to AOA
|1 AFN||1 AOA|
|5 AFN||5 AOA|
|10 AFN||10 AOA|
|20 AFN||20 AOA|
|50 AFN||50 AOA|
|100 AFN||100 AOA|
|250 AFN||250 AOA|
|500 AFN||500 AOA|
|1000 AFN||1000 AOA|
|2000 AFN||2000 AOA|
|5000 AFN||5000 AOA|
|10000 AFN||10000 AOA|
|1 AOA||1 AFN|
|5 AOA||5 AFN|
|10 AOA||10 AFN|
|20 AOA||20 AFN|
|50 AOA||50 AFN|
|100 AOA||100 AFN|
|250 AOA||250 AFN|
|500 AOA||500 AFN|
|1000 AOA||1000 AFN|
|2000 AOA||2000 AFN|
|5000 AOA||5000 AFN|
|10000 AOA||10000 AFN|
AFN - Afghan Afghani (؋)
The Afghan Afghani (AFN) was introduced in 2003 as the new currency for Afghanistan. Two distinct rates were established: the government issue of 1000 and the northern alliance of 2000. Prior to 2003 the currency was the Afghanistan Afghani (AFA). There is no stock market. Money lending as well as foreign exchange is done through money bazaars.
The Afghan Afghani is the currency in Afghanistan (AF, AFG). The symbol for AFN can be written Af. The Afghan Afghani is divided into 100 puls. The exchange rate for the Afghan Afghani was last updated on May 24, 2019 from Yahoo Finance. The AFN conversion factor has 3 significant digits.
- Afghanistan relies on foreign aid, trade, and farming from bordering countries.
- The country and international concerns are focusing on improving infrastructure by creating jobs, promoting development of housing, and investing in education.
- International groups contributed over $2 billion to help Afghanistan’s dying economy.
- Afghanistan's agricultural products include wheat, wool, nuts, mutton, opium, lamb skin, and sheep skin.
- Afghanistan exports mainly nuts, fruit, carpets, and cotton.
- Imports include textiles, petroleum products, and capital goods.
- The first Afghani (AFA) was introduced in 1925. Before this time period the Afghan Rupee was the official currency.
- From the year 1925 to the year 1928 Afghani treasury notes were introduced.
- In 1975, all Afghanistan banks were nationalized.
- In 1981, the Afghani was pegged to the United States Dollar at 1 USD = 50 Afghanis.
- Afghanistan was taken over by Taliban rulers in 1996. The Taliban central bank declared the Afghanistan Afghani worthless and the bank cancelled the contract they had with Russia for printing their money. The country's currency was devalued against the US dollar to a rate of 1 USD = 43 Afghani.
- In 2002, the new Afghan Afghani currency (AFN) was introduced. In October, 2003 Afghanistan started using AFN as the official currency in local trade.
- In 2005, Afghani coins replaced the 1, 2, and 5 Afghani banknotes.
- Since 2005 the Afghanistan economy has grown at a steady pace.
AOA - Angolan Kwanza (Kz)
The Angolan Kwanza (AOA) is the currency currently used in Angola. The Kwanza was introduced in 1999, replacing the "Kwanza Reajustado" (AOK). AOA is subdivided into coin denominations of 100 centimos, and is denoted by the symbol Kz.
The Angolan Kwanza is the currency in Angola (AO, AGO). The symbol for AOA can be written Kz. The Angolan Kwanza is divided into 100 lwei. The exchange rate for the Angolan Kwanza was last updated on May 24, 2019 from Yahoo Finance. The AOA conversion factor has 5 significant digits.
- Angola is rated as one of the fastest-growing economies in the world.
- The Angolan GDP in 2010 had an average growth of 11.1%.
- The country’s main resources are gas, oil, agriculture, and diamonds.
- There is mismanagement and corruption in the oil industry, which prevents the economy from growing at a faster rate.
- Angola imports vehicles, food, medicine, electrical equipment, machinery, and military goods.
- Export goods are mainly petroleum, crude oil, fish, coffee, diamonds, cotton, and timber.
- The current inflation rate is 13.1%.
- A third of Angola’s population is reliant on agriculture. Although the country is showing substantial growth, it still has a great deal of poverty, due to the civil war that waged from the 1975 to 2002.
- From 1977 to 1990, the Kwanza (AOK) was in circulation at a rate of 1 Kwanza = 1 Escudo.
- In 1990, the Novo Kwanza (AON) was introduced at a rate of 1 Novo Kwanza = 1 Kwanza.
- From 1995 to 1999, the Kwanza Rejustado (AOR) was in circulation. 1 Kwanza Reajustado = 1,000 Novo Kwanzas.
- Since 1999, the new Kwanza (AOA) has been in circulation. 1 Kwanza = 1,000,000 Kwanza Reajustado. The 50 and 10 centimo denominations are no longer in circulation.