Convert Peruvian Nuevo Sol to Angolan Kwanza
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Angolan Kwanza
1 PEN = 0.00386916718452046 AOA
Example: convert 15 PEN to AOA:
15 PEN = 15 × 0.00386916718452046 AOA = 0.0580375077678069 AOA
Peruvian Nuevo Sol to Angolan Kwanza Conversion Table
| Peruvian Nuevo Sol | Angolan Kwanza |
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
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.