AOA Market Update
13 May 2026 • 00:37 GMT
The Angolan Kwanza (AOA) has been trading within a narrow range against the US dollar, near its 3-month average of 0.001091. Recently, the currency has moved between 0.001089 and 0.001096, showing stability. This steadiness aligns with broader market trends, as the US dollar has weakened slightly over the past two weeks, mainly due to easing geopolitical tensions and cautious sentiment from US officials concerning inflation and potential rate changes.
On the local side, Angola's economy continues to see some support. The central bank’s recent interventions, including a $250 million dollar injection into the FX market, have helped stabilize the Kwanza from recent lows. Meanwhile, the outlook remains cautiously optimistic with expectations of limited currency volatility in the near term, supported by signs of slowing inflation and stable economic activity.
Overall, the AOA remains relatively steady against the USD, trading close to its average, supported by ongoing monetary measures and a more subdued US dollar. For traders and businesses, this stability provides some predictability in the current environment.