Convert Mozambican Metical to Albanian Lek
Please provide values below to convert Mozambican Metical [MZN] to Albanian Lek [ALL], or Convert Albanian Lek to Mozambican Metical.
How to Convert Mozambican Metical to Albanian Lek
1 MZN = 0.762891159439927 ALL
Example: convert 15 MZN to ALL:
15 MZN = 15 × 0.762891159439927 ALL = 11.4433673915989 ALL
Mozambican Metical to Albanian Lek Conversion Table
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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.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.