AOA to BSD

AOA - Angolan Kwanza (Kz)
BSD - Bahamian Dollar ($)
1 AOA1 BSD

Currency conversion rates from AOA to BSD

AOABSD
1 AOA1 BSD
5 AOA5 BSD
10 AOA10 BSD
20 AOA20 BSD
50 AOA50 BSD
100 AOA100 BSD
250 AOA250 BSD
500 AOA500 BSD
1000 AOA1000 BSD
2000 AOA2000 BSD
5000 AOA5000 BSD
10000 AOA10000 BSD
BSDAOA
1 BSD1 AOA
5 BSD5 AOA
10 BSD10 AOA
20 BSD20 AOA
50 BSD50 AOA
100 BSD100 AOA
250 BSD250 AOA
500 BSD500 AOA
1000 BSD1000 AOA
2000 BSD2000 AOA
5000 BSD5000 AOA
10000 BSD10000 AOA

AOA - Angolan Kwanza (Kz)

Angolan Kwanza

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.

Economy

  • 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.

    History

    • 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.

      More information about AOA - Angolan Kwanza (Kz)


      BSD - Bahamian Dollar (BSD)

      Bahamian Dollar

      The official currency for the Bahamas is the Bahamian Dollar. The $ symbol is used for the Bahamian Dollar; the symbol B$ is used to distinguish it from other Dollar currencies. The Dollar is divided into 100 cents and is pegged to the US Dollar at par.

      The Bahamian Dollar is the currency in Bahamas (BS, BHS). The symbol for BSD can be written B$. The Bahamian Dollar is divided into 100 cents. The exchange rate for the Bahamian Dollar was last updated on May 24, 2019 from Yahoo Finance. The BSD conversion factor has 2 significant digits.

      Economy

      • The Bahamas economy is dependent on the tourism and offshore banking industries.
      • The economy in the Bahamas is steady and stable.
      • Constructions for hotels and resorts is booming, due to the large influx of tourists.
      • The service industry contributes 90% of the total GDP. Agriculture and other industries account for the remainder.
      • Top industries in the Bahamas are oil, rum, pharmaceuticals, banking, salt, aragonite, and tourism.
      • Unemployment is estimated at 8%.
      • Export products are vegetables, fruit, salt, animal products, mineral products, and rum.
      • Import products are food, machinery, chemicals, and live animals.
      • Agriculture is a small portion of the economy and the country is trying to obtain investors to develop agriculture in the Bahamas.
      • Government spending is rated low and equals +/- 23% of the GDP.

      History

      • In 1966, the Bahamian Dollar replaced the British Pound Sterling and coins were introduced.
      • In 1968, the Bahamas monetary authority started issuing paper money.
      • In 1974, the Central Bank of the Bahamas became the official supplier of Bahamian banknotes.
      • In 2005, the new version of the $10 banknote was introduced.
      • Shortly after the release of the $10 banknote, one of the serial numbers was counterfeited. A warning was sent to all bank authorities in the Bahamas to be aware of the counterfeit when accepting $10 bills.
      • Businesses in the Bahamas accept both the Bahamian Dollar and the US Dollar.

      More information about BSD - Bahamian Dollar (BSD)