Convert Czech Koruna to Mozambican Metical
Convert Czech Koruna (CZK) to Mozambican Metical (MZN) using daily updated exchange rates.
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About Czech Koruna
The Czech Koruna (CZK) became the sole currency of the Czech Republic on 8 February 1993, following the peaceful dissolution of Czechoslovakia - the "Velvet Divorce" - and the separation from the Slovak Koruna. The word "koruna" means "crown". The Czech National Bank manages monetary policy with an inflation-targeting regime. The Czech Republic has been an EU member since 2004 but has not yet adopted the Euro, retaining its own currency as a matter of national policy. The Czech economy is highly industrialised with a strong automotive, machinery, and electronics manufacturing base.
About Mozambican Metical
The Mozambican Metical (MZN) was reintroduced in 2006 at a rate of 1,000 old meticals to 1 new metical following years of inflation after Mozambique's devastating civil war that ended in 1992. The Banco de Mocambique manages monetary policy. Mozambique is a rapidly developing East African country with significant natural resources - offshore natural gas fields discovered in the Rovuma Basin are among the world's largest, positioning Mozambique for major LNG exports. The country also exports prawns, coal, aluminium, and cashew nuts. The metical is divided into 100 centavos.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).