AOA to COP

AOA - Angolan Kwanza (Kz)
COP - Colombian Peso ($)
1 AOA1 COP

Currency conversion rates from AOA to COP

AOACOP
1 AOA1 COP
5 AOA5 COP
10 AOA10 COP
20 AOA20 COP
50 AOA50 COP
100 AOA100 COP
250 AOA250 COP
500 AOA500 COP
1000 AOA1000 COP
2000 AOA2000 COP
5000 AOA5000 COP
10000 AOA10000 COP
COPAOA
1 COP1 AOA
5 COP5 AOA
10 COP10 AOA
20 COP20 AOA
50 COP50 AOA
100 COP100 AOA
250 COP250 AOA
500 COP500 AOA
1000 COP1000 AOA
2000 COP2000 AOA
5000 COP5000 AOA
10000 COP10000 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)


      COP - Colombian Peso ($)

      The Colombian peso is the official currency of Colombia. It is most commonly exchanged with the US dollar (USD). The currency code for the peso is COP. The peso’s official symbol is $. For clarity, the currency code is sometimes abbreviated as COL$. Peso means ‘weight’ or ‘pound’ in Spanish, after the British pound. Colombians may refer to the peso colloquially as ‘plata’, meaning silver; ‘billete’, meaning ticket; ‘biyuyo’; ‘lucas’; or ‘marmaja’.

      The Colombian Peso (COP) has been the official currency of Colombia since 1837. The symbol used for the Peso is $. Banknotes are issued by the Banco de la Republica. A subdivision of the Peso is the centavo; 1 peso = 100 centavos.

      The Colombian Peso is the currency in Colombia (Columbia, CO, COL). The symbol for COP can be written Col$. The Colombian Peso is divided into 100 centavos. The exchange rate for the Colombian Peso was last updated on Today from The International Monetary Fund. The COP conversion factor has 6 significant digits.

      Economy

      • Colombia has a free-market economy.
      • The country exports petroleum, cut flowers, nickel, coal, emeralds, bananas, and coffee.
      • The main import products are consumer goods, fuel, paper, chemicals, coffee, and apparel.
      • The unemployment rate is 11.2%.
      • Colombia has been showing positive growth over the last three years.
      • The service industry accounts for 52.7% of the total GDP.

      History

      • The first was Peso was issued in 1837, replacing the Real at a rate of 8 Reales = 1 Peso.
      • In 1847, the currency was decimalized and 1 Peso = 10 Reales.
      • In 1871, Colombia became part of the gold standard and the country pegged the peso to the French Franc at 5 French Francs = 1 Peso.
      • After 1888, the Peso started to depreciate, due to increased printing costs.
      • From 1907 to 1914 Peso coins were issued at a fixed rate of 1 coinage Peso = 100 Pesos Moneda Corriente.
      • In 1915, the new Peso Oro paper currency was introduced replacing old paper Pesos, also at the rate of 1 Peso Oro = 100 old Pesos.
      • In 1931, Colombia changed its peg to the US Dollar at 1 USD = 1.05 Pesos.
      • In 1993, the word Oro was removed and the currency is now known as the Peso.
      • The Colombian government is debating whether to reintroduce a new Peso that is worth 1,000 old Pesos.

      More information about COP - Colombian Peso ($)