Convert Mozambican Metical to Salvadoran Colón
Please provide values below to convert Mozambican Metical [MZN] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Mozambican Metical.
How to Convert Mozambican Metical to Salvadoran Colón
1 MZN = 7.27997661154628 SVC
Example: convert 15 MZN to SVC:
15 MZN = 15 × 7.27997661154628 SVC = 109.199649173194 SVC
Mozambican Metical to Salvadoran Colón Conversion Table
| Mozambican Metical | Salvadoran Colón |
|---|
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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.