Convert Mozambican Metical to Malaysian Ringgit

Convert Mozambican Metical (MZN) to Malaysian Ringgit (MYR) using daily updated exchange rates.

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Mozambican Metical (MZN)
Malaysian Ringgit (MYR)

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 Malaysian Ringgit

The Malaysian Ringgit (MYR) is the official currency of Malaysia. The word "ringgit" means "jagged" in Malay, describing the milled or serrated edges of old Spanish silver dollars that once circulated in the region. Bank Negara Malaysia manages monetary policy. Malaysia has one of Southeast Asia's most diversified and developed economies, with major exports including electronics, petroleum products, palm oil, rubber, and liquefied natural gas. Malaysia is the world's second largest producer of palm oil.

Quick Reference Table

Mozambican Metical (MZN)Malaysian Ringgit (MYR)
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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).

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