Convert Hong Kong Dollar to Mozambican Metical
Please provide values below to convert Hong Kong Dollar [HKD] to Mozambican Metical [MZN], or Convert Mozambican Metical to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Mozambican Metical
1 HKD = 0.123381267260064 MZN
Example: convert 15 HKD to MZN:
15 HKD = 15 × 0.123381267260064 MZN = 1.85071900890097 MZN
Hong Kong Dollar to Mozambican Metical Conversion Table
| Hong Kong Dollar | Mozambican Metical |
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Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
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.