Convert Mozambican Metical to Guinean Franc
Please provide values below to convert Mozambican Metical [MZN] to Guinean Franc [GNF], or Convert Guinean Franc to Mozambican Metical.
How to Convert Mozambican Metical to Guinean Franc
1 MZN = 0.00731696669170814 GNF
Example: convert 15 MZN to GNF:
15 MZN = 15 × 0.00731696669170814 GNF = 0.109754500375622 GNF
Mozambican Metical to Guinean Franc 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.
Guinean Franc
The Guinean Franc (GNF) is the official currency of Guinea, used for all monetary transactions within the country.
History/Origin
The Guinean Franc was introduced in 1959, replacing the French CFA franc, following Guinea's independence, and has undergone various redenominations since then.
Current Use
Today, the GNF is used exclusively within Guinea for everyday transactions, banking, and trade, and is issued by the Central Bank of the Republic of Guinea.