Convert Mozambican Metical to Bolivian Boliviano
Please provide values below to convert Mozambican Metical [MZN] to Bolivian Boliviano [BOB], or Convert Bolivian Boliviano to Mozambican Metical.
How to Convert Mozambican Metical to Bolivian Boliviano
1 MZN = 9.20674635332253 BOB
Example: convert 15 MZN to BOB:
15 MZN = 15 × 9.20674635332253 BOB = 138.101195299838 BOB
Mozambican Metical to Bolivian Boliviano 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.
Bolivian Boliviano
The Bolivian Boliviano (BOB) is the official currency of Bolivia, used for all monetary transactions within the country.
History/Origin
Introduced in 1987 to replace the Bolivian peso, the Boliviano has undergone various redenominations and reforms to stabilize Bolivia's economy and control inflation.
Current Use
The Boliviano remains the primary currency in Bolivia, widely used in everyday transactions, banking, and commerce across the country.