Convert Angolan Kwanza to Malaysian Ringgit
Please provide values below to convert Angolan Kwanza [AOA] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Angolan Kwanza.
How to Convert Angolan Kwanza to Malaysian Ringgit
1 AOA = 217.304012856265 MYR
Example: convert 15 AOA to MYR:
15 AOA = 15 × 217.304012856265 MYR = 3259.56019284398 MYR
Angolan Kwanza to Malaysian Ringgit Conversion Table
| Angolan Kwanza | Malaysian Ringgit |
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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.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.