The Council of Ministers met this month in Luanda to analyze the draft0f a new law that authorizes Banco Nacional de Angola to issue a new family of banknotes in the denominations of 200 kwanzas (AOA200.3), 500 kwanzas (AOA500.3), 1,000 kwanzas (AOA1,000.3), 2,000 kwanzas (AOA2,000.3), 5,000 kwanzas (AOA5,000.3) and 10,000 kwanzas (AOA10,000.1) to be called “Serie 2020”.
The main reason to renew the banknotes is to improve their durability and protection against forgeries.
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