Convert Macedonian Denar to Mozambican Metical
Please provide values below to convert Macedonian Denar [MKD] to Mozambican Metical [MZN], or Convert Mozambican Metical to Macedonian Denar.
How to Convert Macedonian Denar to Mozambican Metical
1 MKD = 0.830617566482192 MZN
Example: convert 15 MKD to MZN:
15 MKD = 15 × 0.830617566482192 MZN = 12.4592634972329 MZN
Macedonian Denar to Mozambican Metical Conversion Table
| Macedonian Denar | Mozambican Metical |
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Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.
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.