Convert Mozambican Metical to Syrian Pound
Please provide values below to convert Mozambican Metical [MZN] to Syrian Pound [SYP], or Convert Syrian Pound to Mozambican Metical.
How to Convert Mozambican Metical to Syrian Pound
1 MZN = 0.00493019328828432 SYP
Example: convert 15 MZN to SYP:
15 MZN = 15 × 0.00493019328828432 SYP = 0.0739528993242648 SYP
Mozambican Metical to Syrian Pound 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.
Syrian Pound
The Syrian Pound (SYP) is the official currency of Syria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Syrian Pound was introduced in 1947, replacing the Syrian lira, and has undergone various devaluations and reforms due to economic challenges and conflicts in Syria.
Current Use
Today, the Syrian Pound remains the official currency of Syria, though its value is heavily affected by ongoing economic instability and sanctions, with limited use in some regions and a significant presence of foreign currencies.