Convert Mozambican Metical to Angolan Kwanza
Please provide values below to convert Mozambican Metical [MZN] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Mozambican Metical.
How to Convert Mozambican Metical to Angolan Kwanza
1 MZN = 0.0691922633622048 AOA
Example: convert 15 MZN to AOA:
15 MZN = 15 × 0.0691922633622048 AOA = 1.03788395043307 AOA
Mozambican Metical to Angolan Kwanza Conversion Table
| Mozambican Metical | Angolan Kwanza |
|---|
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.
Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.