Convert Iraqi Dinar to Mozambican Metical
Please provide values below to convert Iraqi Dinar [IQD] to Mozambican Metical [MZN], or Convert Mozambican Metical to Iraqi Dinar.
How to Convert Iraqi Dinar to Mozambican Metical
1 IQD = 20.5848043846261 MZN
Example: convert 15 IQD to MZN:
15 IQD = 15 × 20.5848043846261 MZN = 308.772065769392 MZN
Iraqi Dinar to Mozambican Metical Conversion Table
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Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.
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.