Convert Egyptian Pound to Angolan Kwanza
Please provide values below to convert Egyptian Pound [EGP] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Egyptian Pound.
How to Convert Egyptian Pound to Angolan Kwanza
1 EGP = 0.0533698633235751 AOA
Example: convert 15 EGP to AOA:
15 EGP = 15 × 0.0533698633235751 AOA = 0.800547949853627 AOA
Egyptian Pound to Angolan Kwanza Conversion Table
| Egyptian Pound | Angolan Kwanza |
|---|
Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.
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.