Convert Mozambican Metical to Indonesian Rupiah
Please provide values below to convert Mozambican Metical [MZN] to Indonesian Rupiah [IDR], or Convert Indonesian Rupiah to Mozambican Metical.
How to Convert Mozambican Metical to Indonesian Rupiah
1 MZN = 0.00390609929414512 IDR
Example: convert 15 MZN to IDR:
15 MZN = 15 × 0.00390609929414512 IDR = 0.0585914894121768 IDR
Mozambican Metical to Indonesian Rupiah 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.
Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.