ANGOP - Angola Press News AgencyANGOP - Angola Press News Agency

Go to homepage



Home » News » Economy

Thu, 17 Sep 2020 11:49 - Updated Thu, 17 Sep 2020 11:48

New AKz 500 banknotes released Thursday

Luanda - The new 500 kwanza (AKz) banknotes, of the 2020 series, will enter the Angolan financial market as of Thursday 17 September.

Send by email

To share this news by email, fill out the information below and click Send


To report errors in the texts of articles published, fill out the information below and click Send

New Kwanza banknotes


According to the National Bank of Angola (BNA), the new banknotes are already available in all of the country's provinces, and should initially reach users via ATMs.

The new 500 kwanza banknotes are predominantly brown in colour and 126/66 mm in size and were produced from polymer material (plastic).

They have images on the back of the Tundavala crevice, located in Huíla province, considered one of Angola's seven "wonders".

These banknotes are in addition to the new 200 kwanza banknotes, which came into circulation on 30 July, and the others from the 2012 series, which remain valid.

According to the director of the BNA's Department for the Movement of the Circulating Means, Sebastião Banganga, sufficient quantities of 500 kwanza banknotes have been made available to the regional representations of the Central Bank and the commercial banks.

Without specifying the volume of banknotes available, he explained that, since it is a national holiday (National Hero's Day), users will be able to withdraw the banknotes from cash dispensers.

"We have distributed sufficient quantities and they will already be obtained at ATMs because of the national holiday", the senior official of the Central Bank reaffirmed.

He said that any increase in the quantities of banknotes made available would depend on the requests made by the commercial banks themselves.

After the entry into circulation of the 200 and 500 kwanzas banknotes, those of 1,000 should follow in October, and those of 2,000 kwanzas in November.

Tags Angola   Angop   Banca   Media   Jornalismo  

Read also
  • 17/09/2020 09:29:53

    IMF raises aid to USD 4.5 billion

    Luanda - The International Monetary Fund (IMF) on Wednesday approved Angola's request for increased financial assistance and immediately disbursed USD one billion.

  • 16/09/2020 08:48:25

    EGTI pledges to step up land inspection in Kilamba city

    Luanda - Infrastructure Land Management Company (EGTI) has announced plans to reinforce the inspection in the surrounding areas of Kilamba satellite city, Luanda province.

  • 28/08/2020 13:38:01

    National bank adjusts to new global reality

    Luanda - National Bank of Angola (BNA) is regularly adapting to the new reality of the world by increasingly investing in the communication and information security, said the BNA Human Capital manager, Beatriz dos Santos.