Convert Mozambican Metical to Hungarian Forint
Please provide values below to convert Mozambican Metical [MZN] to Hungarian Forint [HUF], or Convert Hungarian Forint to Mozambican Metical.
How to Convert Mozambican Metical to Hungarian Forint
1 MZN = 0.187013468774553 HUF
Example: convert 15 MZN to HUF:
15 MZN = 15 × 0.187013468774553 HUF = 2.8052020316183 HUF
Mozambican Metical to Hungarian Forint Conversion Table
| Mozambican Metical | Hungarian Forint |
|---|
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.
Hungarian Forint
The Hungarian Forint (HUF) is the official currency of Hungary, used for all monetary transactions within the country.
History/Origin
The Forint was introduced in 1946, replacing the pengő after hyperinflation. It has undergone several reforms and decimalization since its inception.
Current Use
The Forint remains Hungary's legal tender, with banknotes and coins in circulation. It is managed by the Hungarian National Bank and used for everyday transactions and financial activities.