Historic Angolan kwanza Taiwan dollar

Angolan kwanza taiwan dollar history for March 2024. The highest quote for this month is 0.038205 (01/03/2024) and the lowest 0.038111 (01/03/2024). The difference between high and low is 0.25.

AOA TWD average rate for March 2024 is 0.03795, the change between 01/03/2024 and 31/03/2024 is +1.01 %.

01 March 20241 AOA = 0.0382 TWD
04 March 20241 AOA = 0.0381 TWD
05 March 20241 AOA = 0.0380 TWD
06 March 20241 AOA = 0.0379 TWD
07 March 20241 AOA = 0.0378 TWD
11 March 20241 AOA = 0.0378 TWD

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.

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.

01/01/2005: New Taiwan dollar banknotes issued

New designs for Taiwan dollar banknotes are issued, featuring innovative security features and updated aesthetics to combat counterfeiting and improve the currency's image.

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.

30/04/1991: Foreign Exchange Control Act revised

Taiwan relaxes its foreign exchange controls, allowing more flexibility in the trading of the Taiwan dollar and promoting financial globalization.

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.

15/07/1987: Lifting of martial law

The martial law, which had been in place in Taiwan since 1949, is lifted, marking a significant milestone towards the democratization and liberalization of the country.

08/01/1977: Introduction of the Kwanza

Angola introduced the first Kwanza currency, replacing the Portuguese Escudo, with 1 Kwanza equal to 1 Escudo.

16/12/1971: Taiwan's expulsion from the UN

The United Nations General Assembly recognizes the People's Republic of China as the legitimate representative of China, leading to Taiwan's expulsion from the UN and international isolation.

03/03/1952: TWD pegged to the US Dollar

The Taiwan dollar is pegged to the US Dollar at a fixed exchange rate of 32 TWD to 1 USD, stabilizing its value and promoting economic growth.

10/12/1949: Chinese Civil War ends

The Chinese Communist Party establishes the People's Republic of China on the mainland, leading to the Nationalist government's retreat to Taiwan, taking the Taiwan dollar with them.

25/10/1945: Taiwan is restored to the Republic of China

After the end of World War II, Taiwan is returned to the Republic of China from Japan, and the Taiwan dollar becomes the official currency.