Convert Mozambican Metical to Japanese Yen
Please provide values below to convert Mozambican Metical [MZN] to Japanese Yen [JPY], or Convert Japanese Yen to Mozambican Metical.
How to Convert Mozambican Metical to Japanese Yen
1 MZN = 0.433302322667117 JPY
Example: convert 15 MZN to JPY:
15 MZN = 15 × 0.433302322667117 JPY = 6.49953484000676 JPY
Mozambican Metical to Japanese Yen 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.
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.