Angolan Kwanza

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Angolan Kwanza

The currency of Angola. It was introduced in 1999. While it initially suffered from high inflation, it dropped to a reasonable rate. Due to inflation in Angola, the current kwanza is the fourth to be issued since 1977.
References in periodicals archive ?
With oil prices currently well above the $50/barrel budgeted oil price and the devaluation of the kwanza increasing oil revenues in local currency terms, the 2018 fiscal outcome could be more favourable than the deficit of 2.
In September, Angola's central bank devalued the kwanza by about 4 percent and tightened dollar liquidity after a devaluation of 6 percent in June.
Sonangol has signed concessions to explore blocks KON 2, 4, 11 and 12 in the onshore Lower Congo and Kwanza basins.
Ricardo D'Abreu, Vice Governor, Banco Nacionalde Angola, behind the Governor of the Bank of Namibia, Mr Ipumbu Shiimi, on Monday this week, when the two central banks announced a deal to accept the Angolan Kwanza as legal tender in Oshikango.
Kwanza Tarpon Lodge, as the name suggests, is at the mouth of the Kwanza River, a rich marine environment that flows into the Atlantic Ocean.
Onshore production is centred in Kwanza near Luanda and in the Congo Basin near Soyo.
The governor of Kwanza Sul province, Serafim do Prado, national directors of the Ministry of Agriculture, coffee growers and other invited guests attended the opening ceremony of the 2009 national coffee harvest campaign.
2) The name Kwanzaa is derived from the phrase ``matunda ya kwanza,'' which means ``first fruits'' in Swahili, so decorations for the ceremony often include harvest symbols such as fruits and vegetables.
Also Hanukkah, Kwanza, Winter Solstice--you name it, we plan to celebrate it, and The Advocate's holiday gift guide is here to help.
And with the onset of Thanksgiving, Kwanza, Hanukkah, and Christmas come a whole new set of stressful expectations.
There are holidays that celebrate the variety of Canadian ethnic backgrounds -- Burns Night, Turkish Children's Day, Islendingadagurinn (an Icelandic holiday celebrated in Manitoba), Tanabata (Japanese Star Festival), Sun Nin (Chinese New Year), Kwanza (a celebration for people of pan-African roots).
Then they take their seats in a semicircle Of folding chairs, careful to fill in any empty spaces, "because there are already too many gaps in our community," explains 14-year-old Kwanza Fannin.