Convert Maldivian Rufiyaa to Mozambican Metical
Please provide values below to convert Maldivian Rufiyaa [MVR] to Mozambican Metical [MZN], or Convert Mozambican Metical to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Mozambican Metical
1 MVR = 0.242653912228888 MZN
Example: convert 15 MVR to MZN:
15 MVR = 15 × 0.242653912228888 MZN = 3.63980868343332 MZN
Maldivian Rufiyaa to Mozambican Metical Conversion Table
| Maldivian Rufiyaa | Mozambican Metical |
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Maldivian Rufiyaa
The Maldivian Rufiyaa (MVR) is the official currency of the Maldives, used for all monetary transactions within the country.
History/Origin
Introduced in 1981, the Maldivian Rufiyaa replaced the Maldivian Rupee at par, and has since been the nation's standard currency, with various banknotes and coins issued over the years.
Current Use
The MVR is widely used across the Maldives for daily transactions, tourism, and trade, and is managed by the Maldives Monetary Authority.
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.