Somali shilling angolan kwanza exchange rate history (SOS AOA) August 2023

Somali shilling angolan kwanza history for August 2023. The highest quote for this month is 1.4602 (17/08/2023) and the lowest 1.4602 (11/08/2023). The difference between high and low is 0.

SOS AOA average rate for August 2023 is 1.45882, the change between 01/08/2023 and 31/08/2023 is 0 %.

03 August 2023	1 SOS = 1.460 AOA
04 August 2023	1 SOS = 1.458 AOA
07 August 2023	1 SOS = 1.457 AOA
09 August 2023	1 SOS = 1.457 AOA
11 August 2023	1 SOS = 1.458 AOA
14 August 2023	1 SOS = 1.458 AOA
17 August 2023	1 SOS = 1.460 AOA
18 August 2023	1 SOS = 1.460 AOA
21 August 2023	1 SOS = 1.460 AOA
25 August 2023	1 SOS = 1.460 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.

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.

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.