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BBCSwinney defends food prices policy ahead of first minister vote·Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·NYTG7 Finance Ministers Look to Contain Iran Economic Fallout·BBCSwinney defends food prices policy ahead of first minister vote·Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·NYTG7 Finance Ministers Look to Contain Iran Economic Fallout·
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AOA

Angolan Kwanza

AOA · Angola

43
Moderate
Risk
Historical Scores
404652Jul 2021Jul 2023May 2026
What does this mean for you?

The Angolan Kwanza is in decent shape overall, scoring 43 out of 100. There are some areas to watch, but no immediate danger. Your money is holding its value reasonably well compared to most currencies.

Your savings need 29.7%/yr returns to not lose value. AOA100 today → AOA78 next year. Calculator ↓

Inflation
28.2%
Debt / GDP
Not available
GDP Growth
4.4%
FX Volatility
0.8
Governance
Not available
Reserves
5.5 mo
Analysis
What's working well
Economy is growing healthily
What to watch out for
Restrictions on moving your money out of the country
Banks are struggling — 15% of loans aren't being repaid
Prices rising fast (28.2% per year) — your savings lose value quickly
Full Angola analysis →

Savings Impact Calculator

AOA
Holding cash in AOA28.2% inflation
AOA 288−AOA 712 (71% purchasing power lost)
Your AOA 1,000 buys 71% less in 5 years
What if you invested AOA 1,000 instead? (5yr, in AOA terms)
USD-denominated assets gain an additional ~25.2%/yr from expected AOA depreciation vs USD
Hold USD Cash
AOA 2729
+AOA 1729
+22.2%/yr net in AOA
S&P 500
AOA 4524
+AOA 3524
range: AOA 2411–AOA 7913
10% USD return + 25.2% FX · ±16% vol
Gold
AOA 4199
+AOA 3199
range: AOA 1556–AOA 9612
8% USD return + 25.2% FX · ±24% vol
Bitcoin
AOA 7655
+AOA 6655
range: AOA 826–AOA 35.5k
25% USD return + 25.2% FX · ±54% vol

All values in AOA. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~25.2%/yr based on the inflation differential between Angola (28.2%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Holding other assets too? Calculate your full portfolio risk →
This score is based on our 12-factor risk model. Think inflation or debt should matter more? Build your own model with custom weights and see how AOA ranks differently.
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