Convert Mozambican Metical to Myanma Kyat
Please provide values below to convert Mozambican Metical [MZN] to Myanma Kyat [MMK], or Convert Myanma Kyat to Mozambican Metical.
How to Convert Mozambican Metical to Myanma Kyat
1 MZN = 0.0302698011319316 MMK
Example: convert 15 MZN to MMK:
15 MZN = 15 × 0.0302698011319316 MMK = 0.454047016978975 MMK
Mozambican Metical to Myanma Kyat Conversion Table
| Mozambican Metical | Myanma Kyat |
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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.
Myanma Kyat
The Myanma Kyat (MMK) is the official currency of Myanmar, used for all monetary transactions within the country.
History/Origin
The Kyat was introduced in 1952, replacing the Indian Rupee, and has undergone several reforms and redenominations over the years to stabilize Myanmar's economy.
Current Use
Today, the Kyat is the primary currency in Myanmar, used in everyday transactions, banking, and financial markets, with banknotes and coins issued by the Central Bank of Myanmar.