Convert Mozambican Metical to Ugandan Shilling
Please provide values below to convert Mozambican Metical [MZN] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Mozambican Metical.
How to Convert Mozambican Metical to Ugandan Shilling
1 MZN = 0.0178400191168999 UGX
Example: convert 15 MZN to UGX:
15 MZN = 15 × 0.0178400191168999 UGX = 0.267600286753499 UGX
Mozambican Metical to Ugandan Shilling Conversion Table
| Mozambican Metical | Ugandan Shilling |
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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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.