CFP Franc in Angolan Kwanza

XPF CFP Franc

Country of application:
French Polynesia, New Caledonia, Wallis and Futuna.

Coin denominations in circulation:
1, 2, 5, 10, 20, 50, 100 francs.

Denominations of banknotes in circulation:
00, 1000, 5000, 10,000 francs.

History reference:
The French Pacific franc is the currency used in Frances overseas possessions: New Caledonia, French Polynesia, Wallis and Futuna. The international currency code is XPF, introduced in 1945. At the s...ame time, the peg was carried out not to the French (due to the instability of this currency) franc, but to the US dollar. The issue of currency is carried out by the Issuing Institute of Overseas Territories of France. When it was introduced in December 1945 (the CFA franc was introduced at the same time), the abbreviation CFP consisted of the initial letters of the French words Colonies françaises du Pacifique (Pacific French colonies). Since 1967, the monetary unit has been called the "franc of the French offices in the Pacific" (from Comptoirs françaises du Pacifique - French offices in the Pacific). Now the abbreviation CFP (CFP) officially stands for Change Franc Pacifique (Pacific Exchange Franc).

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.