New Angolan banknotes due to go into circulation in January 2013

26 December 2012

As of January new 5,000 and 10,000 kwanza banknotes are due to go into circulation in Angola, the governor of the National Bank of Angola said.

José Massano said that authorisation for the new banknotes had been granted in June.

Massano also noted that the decision to put more banknotes into circulation was due to the government drive to popularise the use of the kwanza, which is used alongside the US dollar for transactions.

Angola currently has 2,000, 1,000, 100, 50, 10, and 5 kwanza banknotes in circulation. (macauhub)

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