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Mozambique - Mozambican Metical - Currency Guide

 

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

   

USD/MZN 90-day view

USDMZN at 74.25 is 1.9% above its 90-DAY average, range 71.69-74.35.
🔔 USDMZN is at 14-DAY HIGHS.
|
Alert:14-DAY HIGHS |
 
Recent USD to MZN 90-day trend
   

MZN News, Forecasts and Trends

The above interactive chart shows the USD to MZN exchange rate, trend and recent alerts for the last 90 days.

US Dollar to Mozambican Metical - Historical Rates

USD/MZNChangePeriod
74.0500
24 Nov 2020
0% ▼1 Week
73.1500
01 Nov 2020
1.2% ▲30 Days
71.6900
02 Sep 2020
3.3% ▲90 Days
64.1000
02 Dec 2019
15.5% ▲1 Year
43.7956
03 Dec 2015
69.1% ▲5 Years
35.2648
04 Dec 2010
110% ▲10 Years

USD/MZN 10 year historic rates & change to 01-Dec-2020 : 74.0417

 

U$10,000 USD
=
MT742,500 MZN

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

US Dollar to Mozambican Metical - Quick Conversions

USD MZN
U$ 1 MT 74.25
U$ 5 MT 371.25
U$ 10 MT 742.50
U$ 20 MT 1,485
U$ 50 MT 3,713
U$ 100 MT 7,425
U$ 250 MT 18,563
U$ 500 MT 37,125
U$ 1,000 MT 74,250
U$ 2,000 MT 148,500
U$ 5,000 MT 371,250
U$ 10,000 MT 742,500
U$ 50,000 MT 3,712,500
U$ 100,000 MT 7,425,000
More amounts
USD MZN
U$ 0.0135 MT 1
U$ 0.0673 MT 5
U$ 0.1347 MT 10
U$ 0.2694 MT 20
U$ 0.6734 MT 50
U$ 1.3468 MT 100
U$ 3.3670 MT 250
U$ 6.7340 MT 500
U$ 13.47 MT 1,000
U$ 26.94 MT 2,000
U$ 67.34 MT 5,000
U$ 134.68 MT 10,000
U$ 673.40 MT 50,000
U$ 1,347 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

When searching around for information on how to get a good exchange rate when sending money to Mozambique you need to start with finding out the latest Mozambican Metical exchange rate for foreign transfers also called International Money Transfers (IMTs), which can be very different to the wholesale rate and also to currency exchange rates.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees 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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