Convert Mauritian Rupee to Mozambican Metical
Please provide values below to convert Mauritian Rupee [MUR] to Mozambican Metical [MZN], or Convert Mozambican Metical to Mauritian Rupee.
How to Convert Mauritian Rupee to Mozambican Metical
1 MUR = 0.714422458791964 MZN
Example: convert 15 MUR to MZN:
15 MUR = 15 × 0.714422458791964 MZN = 10.7163368818795 MZN
Mauritian Rupee to Mozambican Metical Conversion Table
| Mauritian Rupee | Mozambican Metical |
|---|
Mauritian Rupee
The Mauritian Rupee (MUR) is the official currency of Mauritius, used for all monetary transactions within the country.
History/Origin
The Mauritian Rupee was introduced in 1876, replacing the Indian Rupee, and has undergone various reforms to modernize and stabilize the currency over the years.
Current Use
Today, the Mauritian Rupee is widely used in Mauritius for everyday transactions, banking, and trade, and is managed by the Bank of Mauritius.
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.