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

Somali shilling angolan kwanza history for October 2023. The highest quote for this month is 1.459 (06/10/2023) and the lowest 1.4609 (11/10/2023). The difference between high and low is -0.13.

SOS AOA average rate for October 2023 is 1.45493, the change between 01/10/2023 and 31/10/2023 is +0.14 %.

03 October 2023	1 SOS = 1.459 AOA
06 October 2023	1 SOS = 1.459 AOA
09 October 2023	1 SOS = 1.459 AOA
11 October 2023	1 SOS = 1.458 AOA
12 October 2023	1 SOS = 1.444 AOA
13 October 2023	1 SOS = 1.444 AOA
16 October 2023	1 SOS = 1.454 AOA
17 October 2023	1 SOS = 1.454 AOA
18 October 2023	1 SOS = 1.454 AOA
20 October 2023	1 SOS = 1.454 AOA
23 October 2023	1 SOS = 1.454 AOA
24 October 2023	1 SOS = 1.456 AOA
25 October 2023	1 SOS = 1.457 AOA
26 October 2023	1 SOS = 1.457 AOA
27 October 2023	1 SOS = 1.457 AOA
30 October 2023	1 SOS = 1.457 AOA
31 October 2023	1 SOS = 1.457 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.