Convert Liberian Dollar to Mozambican Metical
Please provide values below to convert Liberian Dollar [LRD] to Mozambican Metical [MZN], or Convert Mozambican Metical to Liberian Dollar.
How to Convert Liberian Dollar to Mozambican Metical
1 LRD = 3.15115611978819 MZN
Example: convert 15 LRD to MZN:
15 LRD = 15 × 3.15115611978819 MZN = 47.2673417968228 MZN
Liberian Dollar to Mozambican Metical Conversion Table
Liberian Dollar | Mozambican Metical |
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Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.
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.