Convert Turkmenistani Manat to Mozambican Metical
Please provide values below to convert Turkmenistani Manat [TMT] to Mozambican Metical [MZN], or Convert Mozambican Metical to Turkmenistani Manat.
How to Convert Turkmenistani Manat to Mozambican Metical
1 TMT = 0.0550121576868488 MZN
Example: convert 15 TMT to MZN:
15 TMT = 15 × 0.0550121576868488 MZN = 0.825182365302732 MZN
Turkmenistani Manat to Mozambican Metical Conversion Table
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Turkmenistani Manat
The Turkmenistani Manat (TMT) is the official currency of Turkmenistan, used for all monetary transactions within the country.
History/Origin
The Turkmenistani Manat was introduced in 1993, replacing the Soviet ruble, and has undergone several redenominations to stabilize the economy and control inflation.
Current Use
Today, the Manat is widely used in Turkmenistan for everyday transactions, banking, and trade, with banknotes and coins issued by the Central Bank of Turkmenistan.
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.