Convert Mozambican Metical to Nicaraguan Córdoba
Please provide values below to convert Mozambican Metical [MZN] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Mozambican Metical.
How to Convert Mozambican Metical to Nicaraguan Córdoba
1 MZN = 1.72951541610713 NIO
Example: convert 15 MZN to NIO:
15 MZN = 15 × 1.72951541610713 NIO = 25.9427312416069 NIO
Mozambican Metical to Nicaraguan Córdoba Conversion Table
| Mozambican Metical | Nicaraguan Córdoba |
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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.
Nicaraguan Córdoba
The Nicaraguan Córdoba (NIO) is the official currency of Nicaragua, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Nicaraguan Córdoba was introduced in 1912, replacing the Nicaraguan peso. It has undergone several redenominations and reforms, with the current version being issued in 1998 to stabilize the economy after periods of inflation.
Current Use
Today, the Nicaraguan Córdoba is the primary legal tender in Nicaragua, used in all financial transactions, banking, and commerce across the country.