Convert Bitcoin to Mozambican Metical
Please provide values below to convert Bitcoin [BTC] to Mozambican Metical [MZN], or Convert Mozambican Metical to Bitcoin.
How to Convert Bitcoin to Mozambican Metical
1 BTC = 1.32813636894549e-07 MZN
Example: convert 15 BTC to MZN:
15 BTC = 15 × 1.32813636894549e-07 MZN = 1.99220455341824e-06 MZN
Bitcoin to Mozambican Metical Conversion Table
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
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.