Convert Brunei Dollar to Mozambican Metical
Please provide values below to convert Brunei Dollar [BND] to Mozambican Metical [MZN], or Convert Mozambican Metical to Brunei Dollar.
How to Convert Brunei Dollar to Mozambican Metical
1 BND = 0.0201124448503119 MZN
Example: convert 15 BND to MZN:
15 BND = 15 × 0.0201124448503119 MZN = 0.301686672754679 MZN
Brunei Dollar to Mozambican Metical Conversion Table
| Brunei Dollar | Mozambican Metical |
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Brunei Dollar
The Brunei Dollar (BND) is the official currency of Brunei, used for all monetary transactions within the country.
History/Origin
Introduced in 1967, the Brunei Dollar replaced the Malayan dollar and has been pegged to the Singapore Dollar since 1967, maintaining a fixed exchange rate.
Current Use
The Brunei Dollar is widely used in Brunei for everyday transactions, banking, and trade, and is also accepted in some neighboring regions due to its peg to the Singapore Dollar.
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.