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Angola Kwanza (AOA)

The official currency of Angola, abbreviated AOA. It is subdivided into 100 cêntimos and is issued by the National Bank of Angola. As a major oil-producing nation, Angola's currency is heavily influenced by global crude oil prices, making the Kwanza sensitive to shifts in energy markets.

Example

The Angola Kwanza strengthened against the dollar after a surge in crude oil prices boosted the country's export revenues.