Convert Rwandan Franc to Mozambican Metical
Please provide values below to convert Rwandan Franc [RWF] to Mozambican Metical [MZN], or Convert Mozambican Metical to Rwandan Franc.
How to Convert Rwandan Franc to Mozambican Metical
1 RWF = 22.7494416265995 MZN
Example: convert 15 RWF to MZN:
15 RWF = 15 × 22.7494416265995 MZN = 341.241624398992 MZN
Rwandan Franc to Mozambican Metical Conversion Table
Rwandan Franc | Mozambican Metical |
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Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.
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.