Convert Mozambican Metical to Cambodian Riel
Convert Mozambican Metical (MZN) to Cambodian Riel (KHR) 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 Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia but exists in an unusual dual-currency environment where the US Dollar is widely used alongside the riel for most large transactions. The riel was reintroduced in 1980 after the Khmer Rouge abolished currency entirely between 1975 and 1979 - one of only two instances in modern history where a national currency was completely abolished. The National Bank of Cambodia manages monetary policy. Cambodia's economy has grown rapidly, fuelled by garment exports, tourism, and construction.
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).