Convert Mozambican Metical to Bangladeshi Taka
Please provide values below to convert Mozambican Metical [MZN] to Bangladeshi Taka [BDT], or Convert Bangladeshi Taka to Mozambican Metical.
How to Convert Mozambican Metical to Bangladeshi Taka
1 MZN = 0.522937913847408 BDT
Example: convert 15 MZN to BDT:
15 MZN = 15 × 0.522937913847408 BDT = 7.84406870771112 BDT
Mozambican Metical to Bangladeshi Taka 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.
Bangladeshi Taka
The Bangladeshi Taka (BDT) is the official currency of Bangladesh, used for all monetary transactions within the country.
History/Origin
The Taka was introduced in 1972, replacing the Pakistani Rupee after Bangladesh gained independence. It has undergone various denominations and reforms over the years to stabilize and modernize the currency.
Current Use
The BDT is actively used in everyday transactions, banking, and international trade involving Bangladesh. It is managed by the Bangladesh Bank, the country's central bank.