Convert Mozambican Metical to Armenian Dram
Please provide values below to convert Mozambican Metical [MZN] to Armenian Dram [AMD], or Convert Armenian Dram to Mozambican Metical.
How to Convert Mozambican Metical to Armenian Dram
1 MZN = 0.165660208356659 AMD
Example: convert 15 MZN to AMD:
15 MZN = 15 × 0.165660208356659 AMD = 2.48490312534989 AMD
Mozambican Metical to Armenian Dram 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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.