Convert Ugandan Shilling to Mozambican Metical
Please provide values below to convert Ugandan Shilling [UGX] to Mozambican Metical [MZN], or Convert Mozambican Metical to Ugandan Shilling.
How to Convert Ugandan Shilling to Mozambican Metical
1 UGX = 56.0537515933879 MZN
Example: convert 15 UGX to MZN:
15 UGX = 15 × 56.0537515933879 MZN = 840.806273900818 MZN
Ugandan Shilling to Mozambican Metical Conversion Table
| Ugandan Shilling | Mozambican Metical |
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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.
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.