Bolivian boliviano to Angolan Kwanza

The boliviano (sign Bs, code BOB) is the national currency of the country located is South America – Bolivia. Small coins called centavo are used as change for the Bolivian boliviano. One boliviano has 100 centavos.

The currency has first been issued in the 18th century, and was used between 1864 and 1963. Later, the country used peso, but due to inflation in 1987, the government came back to BOB once again. The rate of the modern boliviano is connected to the American dollar. After the 80s hyperinflation, the population was still using the old notes as change. There have been special seals put on them to reduce denomination.

The Angolan kwanza (sign Kz, code AOA) is issued only in one country – Angola. Since 1999, one Angolan kwanza equals 100 centimos, but it was previously subdivided into lwei. The currency itself has been issued in 1977 replacing the old Angolan escudo.

A monetary reform restricted the exchange of escudo to new notes. The government turned a part of old units into debt obligations to the population. Now, the Angolan kwanza is printed at the Russian enterprise Goznak.