Convert Icelandic Króna to Mozambican Metical
Please provide values below to convert Icelandic Króna [ISK] to Mozambican Metical [MZN], or Convert Mozambican Metical to Icelandic Króna.
How to Convert Icelandic Króna to Mozambican Metical
1 ISK = 1.91303206580083 MZN
Example: convert 15 ISK to MZN:
15 ISK = 15 × 1.91303206580083 MZN = 28.6954809870124 MZN
Icelandic Króna to Mozambican Metical Conversion Table
| Icelandic Króna | Mozambican Metical |
|---|
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.
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.