Convert Ethiopian Birr to Angolan Kwanza
Please provide values below to convert Ethiopian Birr [ETB] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Ethiopian Birr.
How to Convert Ethiopian Birr to Angolan Kwanza
1 ETB = 0.148599423904421 AOA
Example: convert 15 ETB to AOA:
15 ETB = 15 × 0.148599423904421 AOA = 2.22899135856632 AOA
Ethiopian Birr to Angolan Kwanza Conversion Table
Ethiopian Birr | Angolan Kwanza |
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Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.
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.