Convert Mozambican Metical to Singapore Dollar
Please provide values below to convert Mozambican Metical [MZN] to Singapore Dollar [SGD], or Convert Singapore Dollar to Mozambican Metical.
How to Convert Mozambican Metical to Singapore Dollar
1 MZN = 49.7165741970774 SGD
Example: convert 15 MZN to SGD:
15 MZN = 15 × 49.7165741970774 SGD = 745.748612956162 SGD
Mozambican Metical to Singapore 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.
Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.