AOA Market Update
11 Jul 2026 • 01:29 GMT
The Angolan Kwanza (AOA) has remained relatively steady against the US dollar, trading near its 3-month average of 0.001091 USD. Recent moves show limited volatility, with the currency fluctuating between 0.001089 and 0.001096 USD, a narrow range of just 0.6%. This stability follows Angola's efforts to control the exchange rate, including a $250 million intervention by the central bank in October 2024, which helped lift the Kwanza from a 25-year low. Additionally, the currency has benefitted from the central bank’s recent positive outlook, with expectations of stable economic conditions and inflation slowdown supporting the move.
While the dollar experienced a broader decline last week amid changing expectations around Federal Reserve rate hikes, the Kwanza has not shown dramatic deviations against the USD during this period. For those engaged in transactions or planning travel, the Kwanza remains relatively stable, with no immediate signs of sharp movement. Overall, the currency’s stability aligns with Angola’s ongoing efforts to maintain a balanced exchange rate environment, making it a manageable market for traders and users alike.