Convert Japanese Yen to Mozambican Metical
Please provide values below to convert Japanese Yen [JPY] to Mozambican Metical [MZN], or Convert Mozambican Metical to Japanese Yen.
How to Convert Japanese Yen to Mozambican Metical
1 JPY = 2.30785746507121 MZN
Example: convert 15 JPY to MZN:
15 JPY = 15 × 2.30785746507121 MZN = 34.6178619760681 MZN
Japanese Yen to Mozambican Metical Conversion Table
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Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.
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.