Convert Tanzanian Shilling to Mozambican Metical
Convert Tanzanian Shilling (TZS) to Mozambican Metical (MZN) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
About Tanzanian Shilling
The Tanzanian Shilling (TZS) has been the official currency of Tanzania since 1966, replacing the East African shilling. The Bank of Tanzania manages monetary policy. Tanzania is one of Africa's largest and fastest growing economies, with significant revenues from tourism (safari - Serengeti, Ngorongoro Crater; Kilimanjaro; Zanzibar), gold mining, coffee, tea, cotton, and increasingly extractable natural gas reserves. The country hosts the Serengeti, one of the world's greatest wildlife spectacles, and is home to Mount Kilimanjaro, Africa's highest peak.
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.
Quick Reference Table
| Tanzanian Shilling (TZS) | Mozambican Metical (MZN) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).