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Easily convert MZN to IMP with ConvertOnline's efficient tool.
The Mozambican Metical (MZN) is the official currency of Mozambique, introduced in 1980 to replace the previous currency, the Mozambican escudo. It serves as a medium of exchange for goods and services within the country and is subdivided into 100 centavos. The Metical is crucial for economic transactions and plays a significant role in the country's monetary policy.
The Manx Pound (IMP) is the official currency of the Isle of Man, a self-governing British Crown dependency. It is pegged to the British Pound Sterling (GBP) at par, meaning that one Manx Pound is equivalent to one British Pound. The currency is primarily used for local transactions within the Isle of Man, although British Pounds are also accepted.