Convert Uruguayan Peso to Mozambican Metical
Please provide values below to convert Uruguayan Peso [UYU] to Mozambican Metical [MZN], or Convert Mozambican Metical to Uruguayan Peso.
How to Convert Uruguayan Peso to Mozambican Metical
1 UYU = 0.633424129589782 MZN
Example: convert 15 UYU to MZN:
15 UYU = 15 × 0.633424129589782 MZN = 9.50136194384673 MZN
Uruguayan Peso to Mozambican Metical Conversion Table
| Uruguayan Peso | Mozambican Metical |
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Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.
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.