Currency Pair PHP/MZN: Philippine Peso and Mozambican Metical

The currency pair PHP/MZN represents the exchange rate between the Philippine Peso (PHP) and the Mozambican Metical (MZN). The Philippine Peso is the official currency of the Philippines and is used throughout the country for all types of transactions. The Mozambican Metical is the official currency of Mozambique, a country located in southeastern Africa.

Philippine Peso (PHP)

The Philippine Peso is the official currency of the Philippines and is often abbreviated as PHP. The currency was introduced in 1852 and has since been a central part of the country's economy. The Peso is divided into 100 centavos or sentimos. The central bank of the Philippines, Bangko Sentral ng Pilipinas, is responsible for the issuance and regulation of the currency.

Mozambican Metical (MZN)

The Mozambican Metical is the official currency of Mozambique and is often abbreviated as MZN. The Metical was introduced in 1980, replacing the former currency, Escudo. One Metical is divided into 100 centavos. Banco de Moçambique is responsible for the issuance and regulation of the Metical.

Convert between PHP and MZN

On our website, you can easily convert between the Philippine Peso and the Mozambican Metical, as well as many other currencies. Follow these simple steps to use our currency converter:

1. Enter the amount you want to convert.
2. Select the base currency (PHP or MZN).
3. Choose the target currency (PHP or MZN).
4. The conversion will be done automatically.

In addition to offering quick and easy conversion, we also display historical exchange rates for the currency pair PHP/MZN in a chart. This helps you gain a better understanding of how the exchange rate has changed over time.

Historical Exchange Rates

The chart of historical exchange rates provides a visual representation of how the exchange rate between PHP and MZN has evolved. This can be particularly useful for identifying trends and making informed decisions on when it may be most advantageous to exchange currencies.

Summary

Whether you need to exchange Philippine Peso to Mozambican Metical or vice versa, our currency converter is a handy tool. Visit our website to use the currency converter and access updated exchange rates as well as historical data.