Convert Mozambican Metical to Icelandic Króna
Please provide values below to convert Mozambican Metical [MZN] to Icelandic Króna [ISK], or Convert Icelandic Króna to Mozambican Metical.
How to Convert Mozambican Metical to Icelandic Króna
1 MZN = 0.522730391129844 ISK
Example: convert 15 MZN to ISK:
15 MZN = 15 × 0.522730391129844 ISK = 7.84095586694766 ISK
Mozambican Metical to Icelandic Króna Conversion Table
| Mozambican Metical | Icelandic Króna |
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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.
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.