Mozambican Metical to Panamanian Balboa | Bank

The Mozambican Metical (MZN) is the official currency of Mozambique. It was introduced in 1980, replacing the Mozambican escudo. The Metical plays a crucial role in Mozambique's economy and international trade relations.

The Panamanian Balboa (PAB) is the official currency of Panama. It has been pegged to the US dollar at a rate of 1:1 since its introduction in 1904. While Panama uses US dollar bills, they mint their own Balboa coins. The currency is named after the Spanish explorer Vasco Núñez de Balboa.