Historic Norwegian krone Angolan kwanza

Norwegian krone angolan kwanza history for February 2024. The highest quote for this month is 78.87 (20/02/2024) and the lowest 79.737 (22/02/2024). The difference between high and low is -1.1.

NOK AOA average rate for February 2024 is 78.55726, the change between 01/02/2024 and 29/02/2024 is +0.76 %.

01 February 20241 NOK = 78.83 AOA
02 February 20241 NOK = 79.47 AOA
05 February 20241 NOK = 78.06 AOA
06 February 20241 NOK = 77.54 AOA
07 February 20241 NOK = 78.23 AOA
08 February 20241 NOK = 78.27 AOA
09 February 20241 NOK = 78.04 AOA
14 February 20241 NOK = 77.63 AOA
15 February 20241 NOK = 78.31 AOA
16 February 20241 NOK = 78.71 AOA
19 February 20241 NOK = 78.92 AOA
20 February 20241 NOK = 78.99 AOA
21 February 20241 NOK = 79.02 AOA
22 February 20241 NOK = 79.10 AOA
23 February 20241 NOK = 78.93 AOA
26 February 20241 NOK = 78.67 AOA
27 February 20241 NOK = 78.92 AOA
28 February 20241 NOK = 78.72 AOA
29 February 20241 NOK = 78.23 AOA

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.

30/10/2016: Withdrawal of the 1000-krone banknote

The Norges Bank phased out the 1000-krone banknote, as part of efforts to combat money laundering and reduce the use of cash in the economy.

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.

01/01/1999: Creation of the euro

Several European countries introduced the euro as a common currency, but Norway chose to maintain the krone, cementing its separate monetary path.

19/11/1992: Norway rejects European Union membership

In a referendum, Norway voted against joining the European Union, reaffirming its independent monetary policy and keeping the krone outside the eurozone.

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.

22/10/1931: Devaluation of the krone

To counter the effects of the Great Depression, Norway devalued the krone by 14%, aiming to boost exports and stimulate the economy.

01/11/1920: Krone's return to the gold standard

Following the end of World War I, Norway reintroduced the gold standard for the krone, stabilizing its value and restoring confidence in the currency.

02/08/1914: Suspension of krone's gold standard

Due to the outbreak of World War I, Norway suspended the krone's convertibility into gold, allowing for more flexibility in monetary policy during the war.

27/10/1875: The introduction of the krone currency

The krone was established as the official currency of Norway, replacing the previous speciedaler, marking a significant milestone in the country's monetary history.