Convert South Korean Won to Mozambican Metical
Please provide values below to convert South Korean Won [KRW] to Mozambican Metical [MZN], or Convert Mozambican Metical to South Korean Won.
How to Convert South Korean Won to Mozambican Metical
1 KRW = 21.7309213907702 MZN
Example: convert 15 KRW to MZN:
15 KRW = 15 × 21.7309213907702 MZN = 325.963820861553 MZN
South Korean Won to Mozambican Metical Conversion Table
| South Korean Won | Mozambican Metical |
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South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.
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.