Convert Solomon Islands Dollar to Mozambican Metical
Please provide values below to convert Solomon Islands Dollar [SBD] to Mozambican Metical [MZN], or Convert Mozambican Metical to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Mozambican Metical
1 SBD = 0.129522195833851 MZN
Example: convert 15 SBD to MZN:
15 SBD = 15 × 0.129522195833851 MZN = 1.94283293750776 MZN
Solomon Islands Dollar to Mozambican Metical Conversion Table
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Solomon Islands Dollar
The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, used for all monetary transactions within the country.
History/Origin
The Solomon Islands Dollar was introduced in 1977, replacing the Australian dollar at par, to establish a distinct national currency following independence from British rule.
Current Use
The SBD is widely used in the Solomon Islands for everyday transactions, banking, and trade, and is pegged to a basket of currencies to maintain stability.
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.