Convert Mozambican Metical to Guernsey Pound
Please provide values below to convert Mozambican Metical [MZN] to Guernsey Pound [GGP], or Convert Guernsey Pound to Mozambican Metical.
How to Convert Mozambican Metical to Guernsey Pound
1 MZN = 85.9412400378225 GGP
Example: convert 15 MZN to GGP:
15 MZN = 15 × 85.9412400378225 GGP = 1289.11860056734 GGP
Mozambican Metical to Guernsey Pound 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.
Guernsey Pound
The Guernsey Pound (GGP) is the official currency of Guernsey, a British Crown dependency, and is pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1921, the Guernsey Pound has been used locally alongside the British Pound, with both currencies circulating freely and at equal value, reflecting Guernsey's status as a self-governing dependency.
Current Use
The GGP is used for everyday transactions within Guernsey and is accepted alongside the British Pound, with coins and banknotes issued specifically for Guernsey by the local authorities.