Convert Macanese Pataca to Angolan Kwanza
Please provide values below to convert Macanese Pataca [MOP] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Macanese Pataca.
How to Convert Macanese Pataca to Angolan Kwanza
1 MOP = 0.00879347280185475 AOA
Example: convert 15 MOP to AOA:
15 MOP = 15 × 0.00879347280185475 AOA = 0.131902092027821 AOA
Macanese Pataca to Angolan Kwanza Conversion Table
| Macanese Pataca | Angolan Kwanza |
|---|
Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related transactions.
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.