Convert Mozambican Metical to Czech Republic Koruna
Please provide values below to convert Mozambican Metical [MZN] to Czech Republic Koruna [CZK], or Convert Czech Republic Koruna to Mozambican Metical.
How to Convert Mozambican Metical to Czech Republic Koruna
1 MZN = 3.03006619993332 CZK
Example: convert 15 MZN to CZK:
15 MZN = 15 × 3.03006619993332 CZK = 45.4509929989999 CZK
Mozambican Metical to Czech Republic Koruna 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.
Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.