Convert Singapore Dollar to Mozambican Metical
Please provide values below to convert Singapore Dollar [SGD] to Mozambican Metical [MZN], or Convert Mozambican Metical to Singapore Dollar.
How to Convert Singapore Dollar to Mozambican Metical
1 SGD = 0.0201140166262458 MZN
Example: convert 15 SGD to MZN:
15 SGD = 15 × 0.0201140166262458 MZN = 0.301710249393687 MZN
Singapore Dollar to Mozambican Metical Conversion Table
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Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.
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.