Mozambican Metical

Mozambican Metical

The metical (plural: meticais) is the currency of Mozambique, abbreviated with the symbol MZN or MT. It is nominally divided into 100 centavos. The name metical comes from Arabic مثقال (mithqāl), a unit of weight and an alternative name for the gold dinar coin that was used throughout much of Africa until the 19th century.

South African Rand

South African Rand

The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.

Johannesburg overview

Johannesburg (/dʒoʊˈhænɪsbɜːrɡ/; Afrikaans: [jʊəˈɦanəsbœrχ]; also known as Jozi, Joburg, and eGoli)[1] is the largest city in South Africa and one of the 50 largest urban areas in the world.[9] It is the provincial capital and largest city of Gauteng, which is the wealthiest province in South Africa.[10] While Johannesburg is not one of South Africa's three capital cities, it is the seat of the Constitutional Court. The city is located in the mineral-rich Witwatersrand range of hills and is the centre of large-scale gold and diamond trade.[citation needed]

The metropolis is an alpha global city as listed by the Globalization and World Cities Research Network. In 2011, the population of the city of Johannesburg was 4,434,827, making it the most populous city in South Africa.[11] In the same year, the population of Johannesburg's urban agglomeration was put at 7,860,781.[5] The land area of the municipal city (1,645 km2 (635 sq mi)) is large in comparison with those of other major cities, resulting in a moderate population density of 2,364/km2 (6,120/sq mi).

The city was established in 1886 following the discovery of gold on what had been a farm. The city is commonly interpreted as the modern day El Dorado[by whom?] due to the extremely large gold deposit found along the Witwatersrand.[12] The name is attributed to one or all of three men involved in the establishment of the city. In ten years, the population grew to 100,000 inhabitants.

A separate city from the late 1970s until 1994, Soweto is now part of Johannesburg. Originally an acronym for "South-Western Townships", Soweto originated as a collection of settlements on the outskirts of Johannesburg, populated mostly by native African workers from the gold mining industry. Soweto, although eventually incorporated into Johannesburg, had been separated as a residential area for Blacks, who were not permitted to live in Johannesburg proper. Lenasia is predominantly populated by English-speaking South Africans of Indian descent. These areas were designated as non-white areas in accordance with the segregationist policies of the South African government known as Apartheid.[citation needed]

Best 5 MZN to ZAR exchange rate in Johannesburg - 5 Mozambican Metical to South African Rand

Best MZN/ZAR rate at Bidvest Bank in Johannesburg

5 MZN to ZAR exchange rates at Bidvest Bank in Johannesburg
5 Mozambican Metical = 1.002 South African Rand
Exchange MZN at Bidvest Bank to ZAR in Johannesburg
5 Mozambican Metical = 1.002 South African Rand
10 Mozambican Metical = 2.005 South African Rand
25 Mozambican Metical = 5.012 South African Rand
50 Mozambican Metical = 10.024 South African Rand
Exchange Mozambican Metical at Bidvest Bank to South African Rand in Johannesburg
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5 MZN to ZAR exchange rates news

Mozambique: Central Bank Leaves Interest Rates Unchanged

The Monetary Policy Committee of the Bank of Mozambique, at a meeting on Monday, decided to keep the central bank's benchmark interest rate unchanged at 15 per cent.

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Dollar to rand: Six major factors that determine the exchange rate
Dollar to rand: Six major factors that determine the exchange rate

With the dollar to rand exchange rate on a never-ending rollercoaster, we've decided to see what exactly makes our markets tick.

indicative positive
South African rand firms on U.S.-China trade optimism

JOHANNESBURG, Nov 13- South Africa's rand firmed against the dollar in early trade on Tuesday, in line with a rise in stocks, as hopes of a.

indicative positive
Pound to South African Rand Exchange Rate Rebounds on Brexit Hopes and UK Data
Pound to South African Rand Exchange Rate Rebounds on Brexit Hopes and UK Data

The Pound to South African Rand (GBP/ZAR) exchange rate rebounded slightly today despite higher demand for risky emerging market currencies.

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South African rand weakens as risk sentiment dims
South African rand weakens as risk sentiment dims

JOHANNESBURG, Nov 5- South Africa's rand traded weaker against a softer dollar early on Monday, giving up its recent gains following fears of faster.

indicative negative
South Africa's Vodacom H1 profit down 13.5 pct
South Africa's Vodacom H1 profit down 13.5 pct

Nov 12- South African mobile phone group Vodacom reported a 13.5 percent fall in half-year profit on Monday, weighed down by the issuance of new.

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Johannesburg news

Mining conflicts multiply, as critics of “extractivism” gather in Johannesburg

The World Social Forum's “Thematic Forum on Mining and Extractivism” convenes from 12-15 November 2018 in Johannesburg, South Africa, just after the (...)

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A view of Johannesburg through lenses from a different era

Johannesburg Then and Now is an important book about what ought to be appreciated and "saved".

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Mashaba gets the thumbs down from Twitter after citizen's arrest

Some have questioned which by-laws were broken.

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DISCOP Johannesburg 2018: What not to miss
DISCOP Johannesburg 2018: What not to miss

Taking place from 14 to 16 November, here are some inside tips for getting the best out of the market

conditional positive
Survey finds that quality of life is improving in Gauteng
Survey finds that quality of life is improving in Gauteng

Despite challenging economic conditions, the overall quality of life (QoL) in Gauteng province continues to improve.

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Gauteng weather: Johannesburg residents warned to use water sparingly
Gauteng weather: Johannesburg residents warned to use water sparingly

Level 1 water restrictions are now in place.

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OR Tambo airport defends barring boy’s toy snake from flight

OR Tambo International Airport has defended stopping a five-year-old boy from boarding a flight with a stuffed toy snake as his hand luggage over the weekend in Johannesburg.

conditional negative
Three dead, four injured after weekend shooting in Joburg north

Three people died after a shooting at the Lombardy informal settlement, north of Johannesburg, at the weekend.

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5 MZN to ZAR currency converter in Johannesburg