Convert Mozambican Metical to Bahamian Dollar
Please provide values below to convert Mozambican Metical [MZN] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Mozambican Metical.
How to Convert Mozambican Metical to Bahamian Dollar
1 MZN = 63.6223 BSD
Example: convert 15 MZN to BSD:
15 MZN = 15 × 63.6223 BSD = 954.3345 BSD
Mozambican Metical to Bahamian Dollar 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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.