Convert Moroccan Dirham to Angolan Kwanza
Please provide values below to convert Moroccan Dirham [MAD] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Moroccan Dirham.
How to Convert Moroccan Dirham to Angolan Kwanza
1 MAD = 0.00979695273584497 AOA
Example: convert 15 MAD to AOA:
15 MAD = 15 × 0.00979695273584497 AOA = 0.146954291037675 AOA
Moroccan Dirham to Angolan Kwanza Conversion Table
| Moroccan Dirham | Angolan Kwanza |
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Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific 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.