Convert Mozambican Metical to Libyan Dinar
Please provide values below to convert Mozambican Metical [MZN] to Libyan Dinar [LYD], or Convert Libyan Dinar to Mozambican Metical.
How to Convert Mozambican Metical to Libyan Dinar
1 MZN = 11.7211311717023 LYD
Example: convert 15 MZN to LYD:
15 MZN = 15 × 11.7211311717023 LYD = 175.816967575534 LYD
Mozambican Metical to Libyan Dinar 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.
Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.