Convert Mozambican Metical to Kazakhstani Tenge
Please provide values below to convert Mozambican Metical [MZN] to Kazakhstani Tenge [KZT], or Convert Kazakhstani Tenge to Mozambican Metical.
How to Convert Mozambican Metical to Kazakhstani Tenge
1 MZN = 0.118985083827029 KZT
Example: convert 15 MZN to KZT:
15 MZN = 15 × 0.118985083827029 KZT = 1.78477625740544 KZT
Mozambican Metical to Kazakhstani Tenge Conversion Table
| Mozambican Metical | Kazakhstani Tenge |
|---|
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.
Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.