Mozambican Metical in Malaysian Ringgit

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.

MYR Malaysian Ringgit

Country of application:
Malaysia

Coin denominations in circulation:
1, 5, 10, 20, 50 sen, 1 ringgit.

Denominations of banknotes in circulation:
1, 2, 5, 10, 50 and 100 ringgits.

History reference:
The national currency of Malaysia is represented by a monetary unit called the Malaysian ringgit. The Malaysian Ringgit is used officially by Malaysia and unofficially in the border regions of Indone...sia, the Philippines, Thailand, and parts of Ho Chi Minh City, Vietnam. The Malaysian dollar replaced the Malayan dollar and the British Borneo dollar in June 1967 at par. This new currency was officially called "dollars" and "cents" until August 1975, when the official name was changed to "ringgit" and "sen". In inland areas, non-cash means of payment are poorly distributed, it is better to use cash Malaysian currency. It is better to deal with Malaysian banks or licensed Malaysian exchange offices and take plenty of Malaysian cash with you. Especially when it comes to traveling to small towns or rural areas. The import of foreign currency is not limited. Export of the national currency of Malaysia - up to 5000 ringgits, foreign also up to 5000 Malaysian ringgits, in the corresponding equivalent.