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USD to MZN - Compare Exchange Rates

United States Dollar to Mozambican Metical - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

USD to MZN mid-rate = 62.2958

Right now the USD/MZN market mid-rate is 62.2958 and represents ideally how many Mozambican Metical you can get for one United States Dollar.

This USD/MZN Converter calculates equivalent United States Dollar to Mozambican Metical amounts at the market mid-rate:

USD / MZN mid-rate converter


$USD


MTMZN
1 United States Dollar equals
62.2958 Mozambican Metical

Compare how much you can save on
USD/MZN exchange rates for:

Foreign Transfers

 
 
3 Month USD to MZN Chart
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Sending to MZN we recommend: WorldRemit WorldRemit

United States Dollar

Mozambican Metical

1 USD 62.30 MZN
5 USD 311.48 MZN
10 USD 622.96 MZN
20 USD 1,245.92 MZN
50 USD 3,114.79 MZN
100 USD 6,229.58 MZN
250 USD 15,573.95 MZN
500 USD 31,147.90 MZN
1,000 USD 62,295.80 MZN
2,000 USD 124,591.60 MZN
5,000 USD 311,479.00 MZN
10,000 USD 622,958.00 MZN
50,000 USD 3,114,790.00 MZN
100,000 USD 6,229,580.00 MZN
See more

United States Dollar

Mozambican Metical

0.0161 USD 1 MZN
0.0803 USD 5 MZN
0.1605 USD 10 MZN
0.3210 USD 20 MZN
0.8026 USD 50 MZN
1.6052 USD 100 MZN
4.0130 USD 250 MZN
8.0260 USD 500 MZN
16.05 USD 1,000 MZN
32.10 USD 2,000 MZN
80.26 USD 5,000 MZN
160.52 USD 10,000 MZN
802.60 USD 50,000 MZN
1,605.20 USD 100,000 MZN
See more

MZN Country Guides
MozambiqueMozambique

United States Dollar to Mozambican Metical (USD-MZN) - 10 Year History

The below table shows the historic variation in the USD/MZN exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
17 Feb 201962.1496Latest
10 Feb 201962.23391 Week-0.14%
18 Jan 201961.70001 Month+0.73%
21 Aug 201859.13096 Months+5.11%
17 Feb 201860.99481 Year+1.89%
17 Feb 201770.50062 Years-11.85%
18 Feb 201431.19285 Years+99.24%
19 Feb 200926.076210 Years+138.34%

Why can't I just get the USD/MZN market rate I see on Google or in the Media?

The USD/MZN mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the USD / MZN was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market USD/MZN midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good USD to MZN exchange rate

  1. Know the latest USD/MZN market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for United States Dollar and Mozambican Metical

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs MZN, you should pay attention to both United States Dollar and Mozambican Metical news and forecasts.

United States Dollar (USD) - Market news and forecasts

26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.

In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”

January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.

Mozambican Metical (MZN) - Market news and forecasts

No recent Mozambican Metical market updates.

Currency News and Forecasts - United States Dollar

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