Hong Kong Dollar in Mozambican Metical

HKD Hong Kong Dollar

Country of application:
Hong kong, macau

Coin denominations in circulation:
10, 20, 50 cents, 1, 2, 5, 10 dollars.

Denominations of banknotes in circulation:
10, 20, 50, 100, 500, 1000 dollars.

History reference:
The Hong Kong dollar is the currency of Hong Kong (the full name of the Hong Kong Special Administrative Region of the Peoples Republic of China) - from 1895 to the present day in the forex market wi...th a break during World War II, when the military yen was introduced during the Japanese occupation. At its inception, the Hong Kong dollar was equal to 24.2611 grams of pure silver. After the abolition of the silver standard in 1935, the ratio was already established to the pound sterling at 1 dollar to 15 pence. Hong Kong dollars are also in circulation in the Administrative Region of Macau on a semi-legal basis. The fact is that quite a few Hong Kong residents come to Macau by ferry, especially on weekends. The pataca (Macau) exchange rate is equal to the HKD exchange rate, and therefore, outlets accept both Hong Kong dollars and pataca without any problems.

MZN Mozambican Metical

Country of application:
Mozambique

Coin denominations in circulation:
1, 5, 10, 20, 50 centavos, 1, 2, 5 and 10 meticals.

Denominations of banknotes in circulation:
20, 50, 100, 200, 500 and 1000 meticals.

History reference:
The Mozambican metical has been the national currency and money of the Republic of Mozambique since 1980, after gaining independence from Portugal in 1875. In 2006, a denomination was carried out in ...a ratio of 1000: 1. The territory of the country is a collection of flat lowlands near the coast, which smoothly turn into highlands and the Mozambique Plateau in the north-west of the country. Among the largest rivers, the Zambezi and Ruvuma, which separates Mozambique and Tanzania, should be distinguished. The total area of Mozambique exceeds 800 thousand square kilometers. On July 1, 2006, Mozambique introduced the metical denomination at a rate of 1000:1. The new ISO 4217 code is MZN. New banknotes and coins were also introduced on July 1, 2006. The transition period, during which both the old and the new currencies had equal circulation, ended on December 31, 2006. During this period, the abbreviation MTn was used for new meticals, but then the abbreviation MT was used again.