Convert Mozambican Metical to UAE Dirham
Convert Mozambican Metical (MZN) to UAE Dirham (AED) using daily updated exchange rates.
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Exchange Rate
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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.
About UAE Dirham
The UAE Dirham (AED) is the official currency of the United Arab Emirates, introduced in 1973 to replace the Qatar and Dubai Riyal. It has been pegged to the US Dollar at a fixed rate of 3.6725 AED per USD since 1997, providing exceptional monetary stability. The UAE's oil-driven economy and status as a global financial hub - particularly Dubai and Abu Dhabi - make the dirham one of the most stable currencies in the Arab world. The word "dirham" derives from the ancient Greek "drachma". Banknotes feature landmarks such as the Sheikh Zayed Grand Mosque and the Burj Khalifa.
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).