Convert United Arab Emirates Dirham to Mozambican Metical
Please provide values below to convert United Arab Emirates Dirham [AED] to Mozambican Metical [MZN], or Convert Mozambican Metical to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Mozambican Metical
1 AED = 0.0577234711728435 MZN
Example: convert 15 AED to MZN:
15 AED = 15 × 0.0577234711728435 MZN = 0.865852067592652 MZN
United Arab Emirates Dirham to Mozambican Metical Conversion Table
| United Arab Emirates Dirham | Mozambican Metical |
|---|
United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.
Mozambican Metical
The Mozambican Metical (MZN) is the official currency of Mozambique, used for all monetary transactions within the country.
History/Origin
The Metical was introduced in 1980, replacing the Mozambique Escudo, to stabilize the economy and modernize the monetary system. It has undergone several redenominations and reforms since its inception.
Current Use
The Metical is actively used as Mozambique's primary currency for everyday transactions, banking, and trade. It is issued and regulated by the Bank of Mozambique.