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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 74.91 is near its 90-DAY average, range 73.75-75.36.
🔔 USDMZN is at 30-DAY LOWS.
|
Alert:30-DAY LOWS |
 
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
75.1500
19 Feb 2021
0.3% ▼1 Week
75.1580
27 Jan 2021
0.3% ▼30 Days
74.0500
28 Nov 2020
1.2% ▲90 Days
65.2430
27 Feb 2020
14.8% ▲1 Year
48.3400
28 Feb 2016
55% ▲5 Years
31.0061
01 Mar 2011
141.6% ▲10 Years

USD/MZN 10 year historic rates & change to 26-Feb-2021 : 74.9050

 

$10,000 USD
=
MT749,050 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 74.91
$ 5 MT 374.55
$ 10 MT 749.10
$ 20 MT 1,498
$ 50 MT 3,746
$ 100 MT 7,491
$ 250 MT 18,728
$ 500 MT 37,455
$ 1,000 MT 74,910
$ 2,000 MT 149,820
$ 5,000 MT 374,550
$ 10,000 MT 749,100
$ 50,000 MT 3,745,500
$ 100,000 MT 7,491,000
More amounts
USD MZN
$ 0.0134 MT 1
$ 0.0668 MT 5
$ 0.1335 MT 10
$ 0.2670 MT 20
$ 0.6675 MT 50
$ 1.3350 MT 100
$ 3.3375 MT 250
$ 6.6750 MT 500
$ 13.35 MT 1,000
$ 26.70 MT 2,000
$ 66.75 MT 5,000
$ 133.50 MT 10,000
$ 667.50 MT 50,000
$ 1,335 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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