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Easily convert MZN to XCD 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 East Caribbean Dollar (XCD) is the official currency used by eight countries and territories in the Eastern Caribbean region. It is managed by the Eastern Caribbean Central Bank (ECCB) and is pegged to the US dollar, which provides stability and confidence in its value across the region.