Convert Mozambican Metical to Costa Rican Colón
Please provide values below to convert Mozambican Metical [MZN] to Costa Rican Colón [CRC], or Convert Costa Rican Colón to Mozambican Metical.
How to Convert Mozambican Metical to Costa Rican Colón
1 MZN = 0.126154624048223 CRC
Example: convert 15 MZN to CRC:
15 MZN = 15 × 0.126154624048223 CRC = 1.89231936072335 CRC
Mozambican Metical to Costa Rican Colón 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.
Costa Rican Colón
The Costa Rican Colón (CRC) is the official currency of Costa Rica, used for everyday transactions within the country.
History/Origin
Introduced in 1896, the Colón replaced the Costa Rican peso and was named after Christopher Columbus (Cristóbal Colón). It has undergone various devaluations and redesigns over the years to stabilize the economy.
Current Use
The CRC remains the official currency of Costa Rica, widely used in all economic activities, with banknotes and coins circulating throughout the country. It is also used in currency conversions and financial transactions domestically.