Convert Mozambican Metical to Macedonian Denar
Please provide values below to convert Mozambican Metical [MZN] to Macedonian Denar [MKD], or Convert Macedonian Denar to Mozambican Metical.
How to Convert Mozambican Metical to Macedonian Denar
1 MZN = 1.20392349060853 MKD
Example: convert 15 MZN to MKD:
15 MZN = 15 × 1.20392349060853 MKD = 18.0588523591279 MKD
Mozambican Metical to Macedonian Denar Conversion Table
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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.
Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.