Angolan Kwanza

(redirected from New Kwanza)

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 ?
Massano stated that the bank launching the coins to complete the new kwanza family of notes and coins that commenced in 2012.
According to the economist, the new Kwanza banknotes will have more security features while the coins would ensure availability of change in the exchange of money.