Convert Mozambican Metical to Colombian Peso
Please provide values below to convert Mozambican Metical [MZN] to Colombian Peso [COP], or Convert Colombian Peso to Mozambican Metical.
How to Convert Mozambican Metical to Colombian Peso
1 MZN = 0.0157815916596038 COP
Example: convert 15 MZN to COP:
15 MZN = 15 × 0.0157815916596038 COP = 0.236723874894057 COP
Mozambican Metical to Colombian Peso 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.
Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.