Convert Kazakhstani Tenge to Mozambican Metical
Please provide values below to convert Kazakhstani Tenge [KZT] to Mozambican Metical [MZN], or Convert Mozambican Metical to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Mozambican Metical
1 KZT = 8.40441480424317 MZN
Example: convert 15 KZT to MZN:
15 KZT = 15 × 8.40441480424317 MZN = 126.066222063648 MZN
Kazakhstani Tenge to Mozambican Metical Conversion Table
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Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.
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.