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Mozambique - Mozambican Metical - Currency Guide

 

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

   

USD/MZN 90-day view

USD/MZN at 71.92 is 1.6% above its 90-DAY average, range 69.49 - 71.92 .
🔔 USD/MZN is at 90-DAY HIGHS.
|
Alert:90-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/MZN rateChangePeriod
10 Sep 2020 : 71.80000.2% ▲1 Week
18 Aug 2020 : 71.25500.9% ▲30 Days
19 Jun 2020 : 69.90002.9% ▲90 Days
18 Sep 2019 : 61.755416.5% ▲1 Year
19 Sep 2015 : 42.930067.5% ▲5 Years
20 Sep 2010 : 36.149998.9% ▲10 Years

USD/MZN 10 year historic rates & change to 17-Sep-2020 : 71.9170

 

U$10,000 USD
=
MT719,170 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 71.92
U$ 5 MT 359.60
U$ 10 MT 719.20
U$ 20 MT 1,438
U$ 50 MT 3,596
U$ 100 MT 7,192
U$ 250 MT 17,980
U$ 500 MT 35,960
U$ 1,000 MT 71,920
U$ 2,000 MT 143,840
U$ 5,000 MT 359,600
U$ 10,000 MT 719,200
U$ 50,000 MT 3,596,000
U$ 100,000 MT 7,192,000
More amounts
USD MZN
U$ 0.0139 MT 1
U$ 0.0695 MT 5
U$ 0.1391 MT 10
U$ 0.2781 MT 20
U$ 0.6953 MT 50
U$ 1.3905 MT 100
U$ 3.4763 MT 250
U$ 6.9525 MT 500
U$ 13.91 MT 1,000
U$ 27.81 MT 2,000
U$ 69.53 MT 5,000
U$ 139.05 MT 10,000
U$ 695.25 MT 50,000
U$ 1,391 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.

 

Sending money to Mozambique

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, which can be very different to the wholesale rate.

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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