Convert Aruban Florin to Mozambican Metical
Please provide values below to convert Aruban Florin [AWG] to Mozambican Metical [MZN], or Convert Mozambican Metical to Aruban Florin.
How to Convert Aruban Florin to Mozambican Metical
1 AWG = 0.0281347892169884 MZN
Example: convert 15 AWG to MZN:
15 AWG = 15 × 0.0281347892169884 MZN = 0.422021838254826 MZN
Aruban Florin to Mozambican Metical Conversion Table
Aruban Florin | Mozambican Metical |
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Aruban Florin
The Aruban Florin (AWG) is the official currency of Aruba, used as a medium of exchange within the country.
History/Origin
The Aruban Florin was introduced in 1986, replacing the Netherlands Antillean Guilder at par, to establish a distinct national currency for Aruba.
Current Use
The AWG is widely used in Aruba for all daily transactions, banking, and trade, and is pegged to the US dollar at a fixed rate.
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.