Convert Papua New Guinean Kina to Mozambican Metical
Please provide values below to convert Papua New Guinean Kina [PGK] to Mozambican Metical [MZN], or Convert Mozambican Metical to Papua New Guinean Kina.
How to Convert Papua New Guinean Kina to Mozambican Metical
1 PGK = 0.0660051585686151 MZN
Example: convert 15 PGK to MZN:
15 PGK = 15 × 0.0660051585686151 MZN = 0.990077378529226 MZN
Papua New Guinean Kina to Mozambican Metical Conversion Table
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Papua New Guinean Kina
The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea, used for all monetary transactions within the country.
History/Origin
Introduced in 1975, replacing the Australian dollar, the Kina was established to establish a national currency and promote economic independence for Papua New Guinea.
Current Use
The Kina is actively used in everyday transactions, banking, and trade within Papua New Guinea, with coins and banknotes issued by the country's central bank, the Bank of Papua New Guinea.
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.