Convert Mozambican Metical to South Korean Won
Please provide values below to convert Mozambican Metical [MZN] to South Korean Won [KRW], or Convert South Korean Won to Mozambican Metical.
How to Convert Mozambican Metical to South Korean Won
1 MZN = 0.0460173768989257 KRW
Example: convert 15 MZN to KRW:
15 MZN = 15 × 0.0460173768989257 KRW = 0.690260653483886 KRW
Mozambican Metical to South Korean Won 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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.