Central African Franc in Angolan Kwanza

XAF Central African Franc

Country of application:
Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, Gabon

Coin denominations in circulation:
1, 2, 5, 10, 25, 100, 500 francs.

Denominations of banknotes in circulation:
500, 1000, 2000, 5000, 10000 francs.

History reference:
The national official currency of Cameroon is the CFA franc BEAC, the franc of financial cooperation in Central Africa, or the Central African franc (international designation XAF). The Central Afric...an franc is the currency of thirteen African countries in the French franc currency area. The XAF has its origins in Frances African colonial empire. France ruled most of West and Central Africa from the mid-nineteenth century to the mid-twentieth century. In 1910, the French government established the French Equatorial Africa, which was a federation of French colonial possessions in Equatorial Africa, stretching north from the Congo River to the Sahel.

AOA Angolan Kwanza

Country of application:
Angola

Coin denominations in circulation:
1, 5, 10, 50, 100, 200, 500, 1000, 2000, 5000 kwanzas.

Denominations of banknotes in circulation:
1, 2, 5, 10, 20, 50, 100 kwanzas

History reference:
Kwanza is the official Angolan currency. The Angolan kwanza has the international designation AOA, and the designation Kzr is accepted within the country. This Angolan currency has been in effect sin...ce 2000, when the denomination of banknotes took place. The name of the currency of Angola comes from the name of the main river. During the entire existence of the monetary life of Angola, the kwanza was reborn several times. The first version of the kwanza was released in 1977, replacing the previous escudo at a ratio of 1:1. The first kwanza lived until 1990 and then was replaced by a new kwanza. But local residents could not sufficiently exchange old money for new ones, but they could convert money into government debt obligations. In 1995, in parallel with the existing kwanza, another adjusted kwanza was issued.