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.
11/01/2021: New polymer banknotes
Polymer banknotes are introduced in The Gambia for the first time, replacing the previous paper banknotes to enhance durability and security.
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.
06/08/2019: New family of banknotes
The Central Bank of The Gambia introduces a new family of Gambian dalasi banknotes with improved security features.
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.
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.
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.
16/06/1997: Introduction of the 25 dalasis note
A new 25-dalasis banknote is introduced, featuring the portrait of President Jammeh, to commemorate 25 years of his rule.
22/07/1996: Change of banknotes and coins
New banknotes and coins featuring the portrait of President Jammeh are introduced, replacing the previous designs.
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.
02/07/1987: Currency redenomination
The Gambian dalasi undergoes a redenomination, with 1 old dalasi being replaced by 10 new dalasis.
01/07/1977: Conversion to decimal currency
The Gambian dalasi is decimalized, with 1 dalasi being divided into 100 bututs.
08/01/1977: Introduction of the Kwanza
Angola introduced the first Kwanza currency, replacing the Portuguese Escudo, with 1 Kwanza equal to 1 Escudo.
27/07/1971: Introduction of the Gambian dalasi
The Gambian dalasi currency is introduced to replace the Gambian pound as the official currency of The Gambia.