Convert Mozambican Metical to Ghanaian Cedi
Please provide values below to convert Mozambican Metical [MZN] to Ghanaian Cedi [GHS], or Convert Ghanaian Cedi to Mozambican Metical.
How to Convert Mozambican Metical to Ghanaian Cedi
1 MZN = 5.84882053356377 GHS
Example: convert 15 MZN to GHS:
15 MZN = 15 × 5.84882053356377 GHS = 87.7323080034566 GHS
Mozambican Metical to Ghanaian Cedi Conversion Table
| Mozambican Metical | Ghanaian Cedi |
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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.
Ghanaian Cedi
The Ghanaian Cedi (GHS) is the official currency of Ghana, used for all monetary transactions within the country.
History/Origin
The Cedi was introduced in 1965, replacing the Ghanaian Pound. It has undergone several redenominations, with the current decimalized form adopted in 2007 to facilitate easier transactions.
Current Use
Today, the GHS is widely used across Ghana for everyday purchases, banking, and financial transactions, and is actively traded in foreign exchange markets.