Convert Mozambican Metical to Rwandan Franc
Please provide values below to convert Mozambican Metical [MZN] to Rwandan Franc [RWF], or Convert Rwandan Franc to Mozambican Metical.
How to Convert Mozambican Metical to Rwandan Franc
1 MZN = 0.0439571228346442 RWF
Example: convert 15 MZN to RWF:
15 MZN = 15 × 0.0439571228346442 RWF = 0.659356842519662 RWF
Mozambican Metical to Rwandan Franc 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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.