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Easily convert XAF to MZN with ConvertOnline's efficient tool.
The CFA Franc BEAC (XAF) is the currency used by six Central African countries that are part of the Economic and Monetary Community of Central Africa (CEMAC). It is pegged to the Euro, which helps stabilize its value and facilitate trade within the region and with the Eurozone.
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.