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Country Guide > Africa > Angola | |
Currency Kwanza (Kzr) = 100 centimos. Notes are in denominations of Kzr100, 50, 10 and 5. Coins are in denominations of Kzr1, 2, 5, 10, 20, 50, 100 and 50, 20 and 10 centimos. Note The Kwanza was devalued by a factor of 1000 in January 2000 (1 new Kwanza = 1000 old Kwanzas). New banknotes have now been introduced. Currency exchange Money should be exchanged at official bureaux de change only, which can be found throughout the country, but particularly in Luanda (changing money on the black market is illegal). US Dollars are also widely accepted. Cash withdrawal is not possible. Credit & debit cards Credit cards are generally not accepted. American Express, Diners Club and Visa enjoy limited acceptance. Check with your credit or debit card company for details of merchant acceptability and other services which may be available. Travellers cheques Travellers cheques are not accepted. Currency restrictions All imported currency should be declared on arrival. The import of local currency is limited to Kzr15,000. The import of foreign currency is unlimited, subject to declaration on arrival. The export of local currency is prohibited. The export of foreign currency is limited to US$5000. Those travelling on return tickets purchased in Angola may export up to the equivalent of US$5000 per year. Exchange rate indicators The following figures are included as a guide to the movements of the Readjusted Kwanza against Sterling and the US Dollar:
Banking hours Mon-Fri 0845-1600. |