Convert Philippine Peso to Angolan Kwanza
Please provide values below to convert Philippine Peso [PHP] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Philippine Peso.
How to Convert Philippine Peso to Angolan Kwanza
1 PHP = 0.0619274471065912 AOA
Example: convert 15 PHP to AOA:
15 PHP = 15 × 0.0619274471065912 AOA = 0.928911706598868 AOA
Philippine Peso to Angolan Kwanza Conversion Table
| Philippine Peso | Angolan Kwanza |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.
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.