Ver Angola

Banking and Insurance

Kwanza 'Series 2012' notes can now be exchanged at BNA

All citizens who still have “old” kwanza banknotes – ‘Series 2012’ – can, from the beginning of this July, exchange them for banknotes from the ‘Series 2020’. The update can be carried out both at the National Bank of Angola and at its regional offices.


According to a schedule from the Central Bank, quoted by Angop, which establishes the timetable for replacing old banknotes with more recent ones, the replacement period will extend until the end of 2026.

Banknotes of 200, 500, 1000, 2000 and 5000 kwanzas can be exchanged, all from the '2012 Series', which are no longer accepted as a form of payment since January 1 of this year, after a period in which both series were commercially accepted.

The exchange for the current series - extended until 2026 - aims to facilitate transactions, allowing them to take place in a timely and "smoothly" manner, says the BNA, which also highlights the possibility of exchanges in the provinces, through the Regional Delegations of the National Bank of Angola.

It is recalled that, in the period between 1 January and 30 June 2022, these exchanges had to be carried out through deposits in bank accounts with commercial banks.

Data provided by the BNA in November 2021 indicated that more than 85 percent of the banknotes comprising the '2012 Series' were already out of circulation.


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