Convert Salvadoran Colón to Mozambican Metical
Please provide values below to convert Salvadoran Colón [SVC] to Mozambican Metical [MZN], or Convert Mozambican Metical to Salvadoran Colón.
How to Convert Salvadoran Colón to Mozambican Metical
1 SVC = 0.137363078668957 MZN
Example: convert 15 SVC to MZN:
15 SVC = 15 × 0.137363078668957 MZN = 2.06044618003436 MZN
Salvadoran Colón to Mozambican Metical Conversion Table
Salvadoran Colón | Mozambican Metical |
---|
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.
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.