Convert Mozambican Metical to Paraguayan Guarani
Please provide values below to convert Mozambican Metical [MZN] to Paraguayan Guarani [PYG], or Convert Paraguayan Guarani to Mozambican Metical.
How to Convert Mozambican Metical to Paraguayan Guarani
1 MZN = 0.00824964039442229 PYG
Example: convert 15 MZN to PYG:
15 MZN = 15 × 0.00824964039442229 PYG = 0.123744605916334 PYG
Mozambican Metical to Paraguayan Guarani 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.
Paraguayan Guarani
The Paraguayan Guarani (PYG) is the official currency of Paraguay, used for all monetary transactions within the country.
History/Origin
The Guarani was introduced in 1943, replacing the peso at a rate of 1 Guarani = 1 peso, and has undergone various redenominations and reforms since then to stabilize the economy.
Current Use
Today, the Guarani remains the national currency of Paraguay, widely used in everyday commerce, banking, and financial transactions across the country.