Convert Mozambican Metical to Indian Rupee
Convert Mozambican Metical (MZN) to Indian Rupee (INR) using daily updated exchange rates.
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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 Indian Rupee
The Indian Rupee (INR) is the official currency of India, the world's most populous country and fifth largest economy. The name "rupee" derives from the Sanskrit "rupyakam" (silver coin), used since the Maurya Empire around 300 BCE. The Reserve Bank of India (RBI) manages monetary policy. The rupee was decimalised in 1957 and is divided into 100 paise, though paise coins below 50 are no longer in circulation. India's economy is driven by information technology services, pharmaceuticals, textiles, agriculture, and rapidly growing manufacturing.
Quick Reference Table
| Mozambican Metical (MZN) | Indian Rupee (INR) |
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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).