Convert Mozambican Metical to Russian Ruble
Please provide values below to convert Mozambican Metical [MZN] to Russian Ruble [RUB], or Convert Russian Ruble to Mozambican Metical.
How to Convert Mozambican Metical to Russian Ruble
1 MZN = 0.811401293705937 RUB
Example: convert 15 MZN to RUB:
15 MZN = 15 × 0.811401293705937 RUB = 12.1710194055891 RUB
Mozambican Metical to Russian Ruble 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.
Russian Ruble
The Russian Ruble (RUB) is the official currency of Russia, used for everyday transactions and financial exchanges within the country.
History/Origin
The Ruble has been the currency of Russia for centuries, with origins dating back to the 13th century. It has undergone various reforms and redenominations, most notably after the Soviet Union's dissolution in 1991, establishing the modern RUB as the national currency.
Current Use
Today, the Russian Ruble is widely used throughout Russia for all forms of payment, including cash, electronic transfers, and banking transactions. It is also traded on international currency markets.