Convert Mozambican Metical to Bulgarian Lev
Please provide values below to convert Mozambican Metical [MZN] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Mozambican Metical.
How to Convert Mozambican Metical to Bulgarian Lev
1 MZN = 38.1520148716719 BGN
Example: convert 15 MZN to BGN:
15 MZN = 15 × 38.1520148716719 BGN = 572.280223075078 BGN
Mozambican Metical to Bulgarian Lev 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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.