Convert Danish Krone to Mozambican Metical
Please provide values below to convert Danish Krone [DKK] to Mozambican Metical [MZN], or Convert Mozambican Metical to Danish Krone.
How to Convert Danish Krone to Mozambican Metical
1 DKK = 0.0999460880854669 MZN
Example: convert 15 DKK to MZN:
15 DKK = 15 × 0.0999460880854669 MZN = 1.499191321282 MZN
Danish Krone to Mozambican Metical Conversion Table
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Danish Krone
The Danish Krone (DKK) is the official currency of Denmark, used for everyday transactions and issued by the Danmarks Nationalbank.
History/Origin
The Danish Krone was introduced in 1875, replacing the rigsdaler, and has undergone various reforms, including pegging to the euro and adopting a floating exchange rate since 1999.
Current Use
The DKK is widely used in Denmark for all financial transactions, including banking, commerce, and international trade, and is also accepted in the Faroe Islands and Greenland.
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.