Convert Mozambican Metical to Maldivian Rufiyaa
Please provide values below to convert Mozambican Metical [MZN] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to Mozambican Metical.
How to Convert Mozambican Metical to Maldivian Rufiyaa
1 MZN = 4.12109572359472 MVR
Example: convert 15 MZN to MVR:
15 MZN = 15 × 4.12109572359472 MVR = 61.8164358539208 MVR
Mozambican Metical to Maldivian Rufiyaa Conversion Table
| Mozambican Metical | Maldivian Rufiyaa |
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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.
Maldivian Rufiyaa
The Maldivian Rufiyaa (MVR) is the official currency of the Maldives, used for all monetary transactions within the country.
History/Origin
Introduced in 1981, the Maldivian Rufiyaa replaced the Maldivian Rupee at par, and has since been the nation's standard currency, with various banknotes and coins issued over the years.
Current Use
The MVR is widely used across the Maldives for daily transactions, tourism, and trade, and is managed by the Maldives Monetary Authority.