Convert Uruguayan Peso to Angolan Kwanza
Please provide values below to convert Uruguayan Peso [UYU] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Uruguayan Peso.
How to Convert Uruguayan Peso to Angolan Kwanza
1 UYU = 0.0438280491945516 AOA
Example: convert 15 UYU to AOA:
15 UYU = 15 × 0.0438280491945516 AOA = 0.657420737918273 AOA
Uruguayan Peso to Angolan Kwanza Conversion Table
Uruguayan Peso | Angolan Kwanza |
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Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.
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.