Convert Congolese Franc to Mozambican Metical
Please provide values below to convert Congolese Franc [CDF] to Mozambican Metical [MZN], or Convert Mozambican Metical to Congolese Franc.
How to Convert Congolese Franc to Mozambican Metical
1 CDF = 45.3463031044146 MZN
Example: convert 15 CDF to MZN:
15 CDF = 15 × 45.3463031044146 MZN = 680.19454656622 MZN
Congolese Franc to Mozambican Metical Conversion Table
| Congolese Franc | Mozambican Metical |
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Congolese Franc
The Congolese Franc (CDF) is the official currency of the Democratic Republic of the Congo, used for everyday transactions and financial exchanges within the country.
History/Origin
The Congolese Franc was introduced in 1967, replacing the Congolese Léopard at par, as part of monetary reforms following independence. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the CDF remains the official currency of the Democratic Republic of the Congo, used in all banking, commerce, and financial activities across the country.
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.