01/01/2022: Currency Floatation
Angola transitioned from a fixed exchange rate to a floating exchange rate system, allowing the Kwanza's value to be determined by the market forces of supply and demand.
30/10/2020: Kwanza Devaluation
In response to economic challenges, Angola devalued the Kwanza by approximately 24%, increasing the exchange rate from 165 to 195 Kwanzas per US dollar.
04/06/2018: Introduction of New Banknotes
Moldova introduced a new series of banknotes with enhanced security features to combat counterfeiting.
01/07/2015: Currency Pegged to Euro
Moldova pegged its currency, the Leu, to the Euro at a fixed exchange rate to stabilize the economy and attract foreign investment.
15/04/2013: Currency Redesign
Angola launched a new series of banknotes, featuring improved security features and new designs to reflect national landmarks and culture.
10/05/2010: Euro as Legal Tender
Moldova adopted the Euro as its official currency, though it is not a member of the Eurozone.
29/04/2009: Revaluation
Moldova carried out a currency revaluation, changing the exchange rate from 10,000 old Lei to 1 new Leu.
08/11/1999: Return to Kwanza
Angola reintroduced the Kwanza as the official currency, replacing the Kwanza Reajustado, at a rate of 1,000 Kwanza Reajustado to 1 Kwanza.
29/10/1999: Introduction of Polymer Banknotes
Polymer banknotes were introduced in Moldova, increasing security and durability of the currency.
18/02/1999: Introduction of Kwanza Reajustado
Kwanza Reajustado was introduced as a temporary currency, with 1 Kwanza Reajustado equal to 1,000 regular Kwanzas.
29/05/1994: Redenomination
Moldova underwent a redenomination process, where 1000 old Lei were exchanged for 1 new Leu to combat hyperinflation.
26/11/1992: Declaration of Independence
The Moldovan Leu was introduced as the official currency of Moldova after the country declared independence from the Soviet Union.
31/03/1990: Kwanza Revaluation
In an attempt to combat hyperinflation, the government redenominated the currency, with 1 new Kwanza equal to 1,000 old Kwanzas.
08/01/1977: Introduction of the Kwanza
Angola introduced the first Kwanza currency, replacing the Portuguese Escudo, with 1 Kwanza equal to 1 Escudo.