Convert Mozambican Metical to Norwegian Krone
Please provide values below to convert Mozambican Metical [MZN] to Norwegian Krone [NOK], or Convert Norwegian Krone to Mozambican Metical.
How to Convert Mozambican Metical to Norwegian Krone
1 MZN = 6.29188670661999 NOK
Example: convert 15 MZN to NOK:
15 MZN = 15 × 6.29188670661999 NOK = 94.3783005992998 NOK
Mozambican Metical to Norwegian Krone 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.
Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.