Convert Mozambican Metical to Iraqi Dinar
Please provide values below to convert Mozambican Metical [MZN] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to Mozambican Metical.
How to Convert Mozambican Metical to Iraqi Dinar
1 MZN = 0.0485795240661531 IQD
Example: convert 15 MZN to IQD:
15 MZN = 15 × 0.0485795240661531 IQD = 0.728692860992297 IQD
Mozambican Metical to Iraqi Dinar 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.
Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.