Convert Angolan Kwanza to Bulgarian Lev
Please provide values below to convert Angolan Kwanza [AOA] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Angolan Kwanza.
How to Convert Angolan Kwanza to Bulgarian Lev
1 AOA = 551.391340849125 BGN
Example: convert 15 AOA to BGN:
15 AOA = 15 × 551.391340849125 BGN = 8270.87011273687 BGN
Angolan Kwanza to Bulgarian Lev Conversion Table
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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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.