Convert Mozambican Metical to Hong Kong Dollar
Please provide values below to convert Mozambican Metical [MZN] to Hong Kong Dollar [HKD], or Convert Hong Kong Dollar to Mozambican Metical.
How to Convert Mozambican Metical to Hong Kong Dollar
1 MZN = 8.10495808810415 HKD
Example: convert 15 MZN to HKD:
15 MZN = 15 × 8.10495808810415 HKD = 121.574371321562 HKD
Mozambican Metical to Hong Kong Dollar Conversion Table
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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.
Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.