Convert Mozambican Metical to Brunei Dollar
Please provide values below to convert Mozambican Metical [MZN] to Brunei Dollar [BND], or Convert Brunei Dollar to Mozambican Metical.
How to Convert Mozambican Metical to Brunei Dollar
1 MZN = 49.7204595185996 BND
Example: convert 15 MZN to BND:
15 MZN = 15 × 49.7204595185996 BND = 745.806892778993 BND
Mozambican Metical to Brunei Dollar 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.
Brunei Dollar
The Brunei Dollar (BND) is the official currency of Brunei, used for all monetary transactions within the country.
History/Origin
Introduced in 1967, the Brunei Dollar replaced the Malayan dollar and has been pegged to the Singapore Dollar since 1967, maintaining a fixed exchange rate.
Current Use
The Brunei Dollar is widely used in Brunei for everyday transactions, banking, and trade, and is also accepted in some neighboring regions due to its peg to the Singapore Dollar.