Talk:Angolan kwanza/Archives/2012

Devaluation

From what I can tell, this currency was devaluated by a factor of 1,000,000,000 over the course of five years. That's mind-boggingly huge. Shouldn't there be some explanation as to why SOMEWHERE in WP? I couldn't find anything on the page for Angola, nor could I find anything here. —  MusicMaker 22:12, 12 October 2006 (UTC)

Civil war, perhaps. --ChoChoPK (球球PK) (talk | contrib) 23:31, 12 October 2006 (UTC)

Kwanza Reajustado

Although the exchange rate to the previous kwanza was 1000 to one, such was the low value of the old kwanza that the smallest denomination of banknote issued was 1000 kwanza reajustado. The inflation continued with denominations reaching 5 million kwanza reajustado. No coins were issued. - if the value was so low, why was the revaluing only 1:1000? Why not 1:1,000,000? It seems odd to revalue a currency, and still be left with such a small value that 1 kwanza reajustado is too small to have its own bill or coin Nik42 22:48, 7 November 2006 (UTC)

I will look into it. If I don't have an answer in a few days, just drop me a message. --ChoChoPK (球球PK) (talk | contrib) 00:16, 8 November 2006 (UTC)

If you're asking if 1:1000 correct, it is, see [1]. As to why they did this, it isn't unheard of that, under conditions of hyperinflation, a plan is devised for a revaluation that is overtaken by the inflation, leading to the ratio seeming to be far to small. Something similar happened to the Yugoslav dinar at the beginning of 1994.
Dove1950 23:52, 8 November 2006 (UTC)

ISO

What was the ISO code for the first kwanza? Was it AOK? Nik42 22:34, 18 March 2007 (UTC)

1 kwanza or 100 lwei

were the original coins called 1 kwanza? because i have a coin in my possesion that sais 100 kwanzas, but it looks like the picture of 1 lwei. so i suppose, and i am taking quite a leap here, that they used coins of 100lwei instead of 1 kwanza. I'm also sure it's a real coin and it is that old, i snatched it from my boss in the scrap metal yard, and he had an entire case of it(1.5metric tons) because back in the day( and when he sais that, it means late 70's early 80's) they fitted in the antwerp parking meters...

--Docter Slayer (talk) 20:21, 31 August 2011 (UTC)

There was no coin of 100 lwei, a 50 lwei was issued in 1977-79 and the same with the 1 kwanza, and no 100 Kwanza was issued for circulation. Maybe they were minted but then sold for scrap metal. See here http://en.numista.com/catalogue/angola-3.html. Enlil Ninlil (talk) 03:54, 1 September 2011 (UTC)

In the past

• 100 Centavos = 1 Escudo
• 5 Centavos = 1 Macuta Böri (talk) 11:34, 15 February 2012 (UTC)

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