Convert Mozambican Metical to North Korean Won
Please provide values below to convert Mozambican Metical [MZN] to North Korean Won [KPW], or Convert North Korean Won to Mozambican Metical.
How to Convert Mozambican Metical to North Korean Won
1 MZN = 0.0706914444444444 KPW
Example: convert 15 MZN to KPW:
15 MZN = 15 × 0.0706914444444444 KPW = 1.06037166666667 KPW
Mozambican Metical to North Korean Won 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.
North Korean Won
The North Korean Won (KPW) is the official currency of North Korea, used for everyday transactions within the country.
History/Origin
The North Korean Won was first introduced in 1947, replacing the Korean won used during the Japanese occupation, and has undergone several redenominations and reforms since then.
Current Use
Today, the KPW is primarily used domestically in North Korea, with limited acceptance outside the country; it is subject to strict government control and currency regulations.