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Mozambique - Mozambican metical - Currency Guide

 

Foreign exchange guide to Mozambique and the Mozambican metical (MZN)

   

USD/MZN Trend (90-day)

USDMZN at 58.10 has fallen 14.3% below its 90-day average, range 55.52-75.36.
14DHIGH
|
Alert:14DHIGH |
 
Recent USD to MZN Trend + Alerts

The above interactive chart shows the USD/MZN Exchange Rate, Trends and Alerts - UP DOWN HIGH LOW

   

MZN News, Forecasts and Trends

US dollar to Mozambican metical - Historical Rates

USD/MZNChangePeriod
57.5250
30 Apr 2021
1% ▲1 Week
65.5300
07 Apr 2021
11.3% ▼30 Days
75.2250
06 Feb 2021
22.8% ▼90 Days
68.0086
07 May 2020
14.6% ▼1 Year
54.0200
08 May 2016
7.6% ▲5 Years
29.9768
10 May 2011
93.8% ▲10 Years

USD/MZN 10 year historic rates & change to 07-May-2021 : 58.1000

 

$10,000 USD
=
MT581,000 MZN

Converted at USD/MZN interbank rate, compare Send Money and Currency Exchange exchange rates.

US dollar to Mozambican metical - Quick Convert

USD MZN
$ 1 MT 58.10
$ 5 MT 290.50
$ 10 MT 581.00
$ 20 MT 1,162
$ 50 MT 2,905
$ 100 MT 5,810
$ 250 MT 14,525
$ 500 MT 29,050
$ 1,000 MT 58,100
$ 2,000 MT 116,200
$ 5,000 MT 290,500
$ 10,000 MT 581,000
$ 50,000 MT 2,905,000
$ 100,000 MT 5,810,000
More amounts
USD MZN
$ 0.0172 MT 1
$ 0.0861 MT 5
$ 0.1721 MT 10
$ 0.3442 MT 20
$ 0.8606 MT 50
$ 1.7212 MT 100
$ 4.3030 MT 250
$ 8.6060 MT 500
$ 17.21 MT 1,000
$ 34.42 MT 2,000
$ 86.06 MT 5,000
$ 172.12 MT 10,000
$ 860.60 MT 50,000
$ 1,721 MT 100,000
More amounts
 

Frequently Asked Questions

 

What currency should I use in Mozambique?

The domestic currency in Mozambique is the Mozambican metical.

What is the Mozambican metical currency code and symbol?

The three letter currency code for the Mozambican metical is MZN — symbol is MT.

Which countries use the Mozambican metical?

It is the domestic currency in    Mozambique.

Is the Mozambican metical a closed currency?

No, the Mozambican metical is freely available and convertible. See guide: What is a closed currency?

 

Travel, Currency and Money saving tips for Mozambique

Travel money for Mozambique

Save money and time by Ordering your Mozambican metical online from Travelex, you get better rates and can pick up the MZN cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Mozambican metical otherwise you may get much worst exchange rates.

 

Send Money to Mozambique - Best Rates

To get a good (and fair) exchange rate when sending money to Mozambique you need to find and compare exchange rates for International Money Transfers (IMTs).

The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.

You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.


Get a better deal for foreign transfers to Mozambique

When sending money to Mozambique it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Mozambican metical amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted MZN amount will be transfered to the recipient account you specify in Mozambique.

Use the above Send to Mozambican metical calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Mozambican metical deposited into the recipient bank account and less margins and fees kept by the banks!


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