Convert Mozambican Metical to Algerian Dinar
Convert Mozambican Metical (MZN) to Algerian Dinar (DZD) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
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 Algerian Dinar
The Algerian Dinar (DZD) has been the official currency of Algeria since 1964, replacing the Algerian franc used during the French colonial period. The Banque d'Algerie manages monetary policy. Algeria is the largest country in Africa by land area and holds significant hydrocarbon reserves - oil and natural gas account for the majority of government revenues and export earnings. The dinar operates under a managed float exchange regime and is not freely convertible. Algeria has used foreign exchange controls and import restrictions to manage its balance of payments.
Quick Reference Table
| Mozambican Metical (MZN) | Algerian Dinar (DZD) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).