Editing Angolan kwanza (section)

=={{anchor|AON}}Novo kwanza, AON, 1990–1995==
In 1990, the novo kwanza was introduced, with the [[ISO 4217]] code ''AON''. Although it replaced the kwanza at par, Angolans could only exchange 5% of all old notes for new ones; they had to exchange the rest for government securities. This kwanza suffered from high inflation.

===Coins===
{|class="wikitable" style="font-size: 90%"
|-
!colspan="8"| Novo kwanza coins
|-
! Image !! Value !! Composition !! Diameter !! Weight !! Thickness !! Edge !! Issued
|- style="text-align:center"
| 
| 50 kwanzas
| [[copper]]
| 24&nbsp;mm
| 5.5&nbsp;g
| 
| Reeded
| 1991
|- style="text-align:center"
| 
| 50 kwanzas
| [[copper]]-plated steel
| 23.3&nbsp;mm
| 5&nbsp;g
| 
| Reeded
| 1992
|- style="text-align:center"
| 
| 100 kwanzas
| [[copper]]
| 27.3&nbsp;mm
| 8&nbsp;g
| 
| Reeded
| 1992
|}

===Banknotes===
This currency was only issued in note form.{{Contradictory inline|date=October 2020|section=Coins_2}} The first banknotes issued in 1990 were overprints on earlier notes in denominations of 50 (report not confirmed), 500, 1000 and 5000 novos kwanzas (5000 novos kwanzas overprinted on 100 kwanzas). In 1991, the word novo was dropped from the issue of regular banknotes for 100, 500, 1000, 5000, 10,000, 50,000, 100,000 and 500,000 kwanzas.