Convert Barbadian Dollar to Mozambican Metical
Please provide values below to convert Barbadian Dollar [BBD] to Mozambican Metical [MZN], or Convert Mozambican Metical to Barbadian Dollar.
How to Convert Barbadian Dollar to Mozambican Metical
1 BBD = 0.0314355186781993 MZN
Example: convert 15 BBD to MZN:
15 BBD = 15 × 0.0314355186781993 MZN = 0.47153278017299 MZN
Barbadian Dollar to Mozambican Metical Conversion Table
Barbadian Dollar | Mozambican Metical |
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Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.
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.