Compare today's MZN to USD (Mozambique Metical to US Dollar) exchange rates
Interbank Exchange Rate: 1 MZN = 0.0157 USD
Updated about an hour ago
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All you need to know about Mozambique Metical to US Dollar money transfers
Easily compare money transfer providers in one place to send money from Mozambique to British Indian Ocean Territory. Send money overseas to your loved ones by comparing Mozambique Metical (MZN) to US Dollar (USD) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.
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Latest MZN to USD Conversion Rates
Here are some latest MZN to USD (Mozambique Metical to US Dollar) exchange rates for popular conversion amounts*.
| 1 MZN | 0.02 USD |
| 5 MZN | 0.08 USD |
| 10 MZN | 0.16 USD |
| 25 MZN | 0.39 USD |
| 50 MZN | 0.78 USD |
| 100 MZN | 1.57 USD |
| 150 MZN | 2.36 USD |
| 200 MZN | 3.14 USD |
| 250 MZN | 3.93 USD |
| 300 MZN | 4.71 USD |
| 400 MZN | 6.28 USD |
| 500 MZN | 7.85 USD |
| 600 MZN | 9.42 USD |
| 700 MZN | 10.99 USD |
| 800 MZN | 12.56 USD |
| 1,000 MZN | 15.70 USD |
| 1,500 MZN | 23.55 USD |
| 2,000 MZN | 31.40 USD |
| 2,500 MZN | 39.25 USD |
| 3,000 MZN | 47.10 USD |
| 4,000 MZN | 62.80 USD |
| 5,000 MZN | 78.50 USD |
| 10,000 MZN | 157.00 USD |
| 15,000 MZN | 235.50 USD |
| 20,000 MZN | 314.00 USD |
| 30,000 MZN | 471.00 USD |
| 40,000 MZN | 628.00 USD |
| 50,000 MZN | 785.00 USD |
| 100,000 MZN | 1,570.00 USD |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to do Mozambique to British Indian Ocean Territory money transfers?
There are many good choices when it comes to sending money from Mozambique to British Indian Ocean Territory. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Mozambique Metical to USD money transfers.We compare different remittance companies to bring you the best options to send money to British Indian Ocean Territory from Mozambique. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.
Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Mozambique Metical to United States Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.
How to get the best exchange rate for sending money from Mozambique to British Indian Ocean Territory?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to British Indian Ocean Territory from Mozambique. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.One way you could eliminate the manual work to search and compare providers for your MZN to United States Dollar money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.
We are also constantly adding new partners for the Mozambique to British Indian Ocean Territory corridor to give you more good choices for your next USD money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money from Mozambique to British Indian Ocean Territory?
Finding the cheapest way to send money from Mozambique to British Indian Ocean Territory might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer MZN to USD via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.
Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Mozambique to British Indian Ocean Territory exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.
Should I use my bank to send money from Mozambique to British Indian Ocean Territory?
Bank transfers have been a traditionally popular way to send money overseas from Mozambique to British Indian Ocean Territory. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the MZN to USD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your Mozambique bank for your British Indian Ocean Territory money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
What is the fastest way to do a money transfer to British Indian Ocean Territory from Mozambique?
If you need to convert MZN to USD as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Mozambique to British Indian Ocean Territory could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.
Apart from the above, there are many other factors that can have an impact on your Mozambique Metical to United States Dollar funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to British Indian Ocean Territory.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Mozambique to British Indian Ocean Territory. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.
Which are the best money transfer companies to send money from Mozambique to British Indian Ocean Territory?
The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Mozambique to British Indian Ocean Territory, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best Mozambique Metical to United States Dollar exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your USD money transfers to British Indian Ocean Territory. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in British Indian Ocean Territory getting more money for every Mozambique Metical you send.
Step by step guide to send money from Mozambique to British Indian Ocean Territory
Follow the below easy steps to send money to British Indian Ocean Territory from Mozambique.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Mozambique bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in British Indian Ocean Territory).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.