Kwanza was introduced following Angolan independence. It replaced the escudo at par and was subdivided into 100 lwei. Its ISO 4217 code was AOK.
Coins
The first coins issued for the kwanza did not bear any date, although all bore the date of independence, 27 December 1975. They were in denominations of 10, 20, 50 lwei, 1, 2, 5 and 10 kwanzas. 20 kwanza coins were added in 1978. The last date to appear on coins was 1979.
Banknotes
On 8 January 1977, banknotes dated 11 DE NOVEMBRO DE 1976 were introduced by the Banco Nacional de Angola (National Bank of Angola) in denominations of 20, 50, 100, 500, and 1000 kwanzas.[1] The 20 kwanza note was replaced by a coin in 1978.
Monday, May 6, 2013
FIRST KWANZA, AOK, 1977-1990
Kwanza was introduced following Angolan independence. It replaced the escudo at par and was subdivided into 100 lwei. Its ISO 4217 code was AOK.
Coins
The first coins issued for the kwanza did not bear any date, although all bore the date of independence, 27 December 1975. They were in denominations of 10, 20, 50 lwei, 1, 2, 5 and 10 kwanzas. 20 kwanza coins were added in 1978. The last date to appear on coins was 1979.
Banknotes
On 8 January 1977, banknotes dated 11 DE NOVEMBRO DE 1976 were introduced by the Banco Nacional de Angola (National Bank of Angola) in denominations of 20, 50, 100, 500, and 1000 kwanzas.[1] The 20 kwanza note was replaced by a coin in 1978.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment