Convert Mozambican Metical to Mauritanian Ouguiya
Please provide values below to convert Mozambican Metical [MZN] to Mauritanian Ouguiya [MRU], or Convert Mauritanian Ouguiya to Mozambican Metical.
How to Convert Mozambican Metical to Mauritanian Ouguiya
1 MZN = 1.5920978546744 MRU
Example: convert 15 MZN to MRU:
15 MZN = 15 × 1.5920978546744 MRU = 23.881467820116 MRU
Mozambican Metical to Mauritanian Ouguiya Conversion Table
| Mozambican Metical | Mauritanian Ouguiya |
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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.
Mauritanian Ouguiya
The Mauritanian Ouguiya (MRU) is the official currency of Mauritania, used for all monetary transactions within the country.
History/Origin
The Ouguiya was introduced in 1973, replacing the CFA franc at par, and has undergone various redenominations and updates since its inception to modernize the currency system.
Current Use
Today, the MRU is actively used in Mauritania for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of West African States (BCEAO).