Convert Mozambican Metical to Tongan Paanga
Please provide values below to convert Mozambican Metical [MZN] to Tongan Paanga [TOP], or Convert Tongan Paanga to Mozambican Metical.
How to Convert Mozambican Metical to Tongan Paanga
1 MZN = 26.6827294078175 TOP
Example: convert 15 MZN to TOP:
15 MZN = 15 × 26.6827294078175 TOP = 400.240941117262 TOP
Mozambican Metical to Tongan Paanga 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.
Tongan Paanga
The Tongan Paʻanga (TOP) is the official currency of Tonga, used as the primary monetary unit for transactions within the country.
History/Origin
The Paʻanga was introduced in 1967, replacing the Tongan pound at a rate of 1 Paʻanga = 10 shillings, to modernize Tonga's currency system and facilitate easier transactions.
Current Use
Today, the Paʻanga remains the official currency of Tonga, widely used in everyday transactions, banking, and trade within the country.