Convert Mozambican Metical to Jamaican Dollar
Please provide values below to convert Mozambican Metical [MZN] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Mozambican Metical.
How to Convert Mozambican Metical to Jamaican Dollar
1 MZN = 0.397446861676376 JMD
Example: convert 15 MZN to JMD:
15 MZN = 15 × 0.397446861676376 JMD = 5.96170292514563 JMD
Mozambican Metical to Jamaican Dollar 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.
Jamaican Dollar
The Jamaican Dollar (JMD) is the official currency of Jamaica, used for all monetary transactions within the country.
History/Origin
The Jamaican Dollar was introduced in 1969, replacing the Jamaican Pound at a rate of 1 dollar = 1.5 pounds. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Jamaican Dollar is widely used in everyday transactions, banking, and commerce across Jamaica, with coins and banknotes issued by the Bank of Jamaica.