This article has been translated from English to Gen Z Slang.
The Angola Kwanza (AOA) is basically the Benjamins of Angola, chillin' in Southern Africa. 🌍
This dough is dished out and supervised by the Banco Nacional de Angola, which is basically like the head honcho for Angola's cash flow. 💸
The kwanza is broken up into 100 bits called cêntimos, but TBH, those ain’t poppin' anymore 'cause inflation is out here showing no mercy. 😤
The kwanza had its debut on September 8, 1977, axing the escudo with a smooth 1:1 swap. 🌟
Straight up, this cash has had a glow-up with multiple redesigns and upgrades. ✨
Current banknotes are in the lit values of 1, 5, 10, 50, 100, 200, 500, 1,000, 2,000, and 5,000 kwanzas. 💵
You’ll spot coins in denominations of 1, 2, 5, 10, 20, and 50 kwanzas, keeping it chill. 🪙
The Angola Kwanza’s vibes have shifted over time 'cause of funky stuff like political drama, economic rollercoasters, and inflation going cray-cray. 😬
The exchange rate for this currency flexes with the squad over at the central bank and their moves in the foreign exchange arena. 🎢