Convert Norwegian Krone to Angolan Kwanza
Please provide values below to convert Norwegian Krone [NOK] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Norwegian Krone.
How to Convert Norwegian Krone to Angolan Kwanza
1 NOK = 0.010997061229568 AOA
Example: convert 15 NOK to AOA:
15 NOK = 15 × 0.010997061229568 AOA = 0.16495591844352 AOA
Norwegian Krone to Angolan Kwanza Conversion Table
| Norwegian Krone | Angolan Kwanza |
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Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.
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.