Convert Mozambican Metical to Chilean Peso
Please provide values below to convert Mozambican Metical [MZN] to Chilean Peso [CLP], or Convert Chilean Peso to Mozambican Metical.
How to Convert Mozambican Metical to Chilean Peso
1 MZN = 0.0666627549205488 CLP
Example: convert 15 MZN to CLP:
15 MZN = 15 × 0.0666627549205488 CLP = 0.999941323808232 CLP
Mozambican Metical to Chilean Peso 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.
Chilean Peso
The Chilean Peso (CLP) is the official currency of Chile, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Chilean Peso was introduced in 1975, replacing the Chilean Escudo, as part of monetary reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Chilean Peso remains the official currency of Chile, widely used in all financial transactions, banking, and commerce across the country.