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Compare today's MZN to EUR (Mozambique Metical to Euro) exchange rates

Mozambique
Bulgaria
MZN

Interbank Exchange Rate: 1 MZN = 0.0134 EUR
Updated about an hour ago

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All you need to know about Mozambique Metical to Euro money transfers

Easily compare money transfer providers in one place to send money from Mozambique to Bulgaria. Send money overseas to your loved ones by comparing Mozambique Metical (MZN) to Euro (EUR) 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.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Mozambique.

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If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest MZN to EUR Conversion Rates

Here are some latest MZN to EUR (Mozambique Metical to Euro) exchange rates for popular conversion amounts*.

1 MZN0.01 EUR
5 MZN0.07 EUR
10 MZN0.13 EUR
25 MZN0.34 EUR
50 MZN0.67 EUR
100 MZN1.34 EUR
150 MZN2.01 EUR
200 MZN2.68 EUR
250 MZN3.35 EUR
300 MZN4.02 EUR
400 MZN5.36 EUR
500 MZN6.70 EUR
600 MZN8.04 EUR
700 MZN9.38 EUR
800 MZN10.72 EUR
1,000 MZN13.40 EUR
1,500 MZN20.10 EUR
2,000 MZN26.80 EUR
2,500 MZN33.50 EUR
3,000 MZN40.20 EUR
4,000 MZN53.60 EUR
5,000 MZN67.00 EUR
10,000 MZN134.00 EUR
15,000 MZN201.00 EUR
20,000 MZN268.00 EUR
30,000 MZN402.00 EUR
40,000 MZN536.00 EUR
50,000 MZN670.00 EUR
100,000 MZN1,340.00 EUR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Mozambique to Bulgaria?

With the global remittance market booming, there are so many choices for Mozambique Metical to EUR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Bulgaria from Mozambique. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final EUR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for your money transfers from Mozambique to Bulgaria?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Bulgaria.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Mozambique to Bulgaria transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your MZN to Euro money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money from Mozambique to Bulgaria?

One of the most important things to watch out for is hidden fees when sending money to Bulgaria from Mozambique. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Bulgaria using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Euro foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MZN to Bulgaria exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Bulgaria from Mozambique.


Should I use my bank to transfer money from Mozambique to Bulgaria?

Bank transfers have been a traditionally popular way to send money overseas from Mozambique to Bulgaria. 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 EUR 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 Bulgaria 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 Bulgaria from Mozambique?

If you need to convert MZN to EUR 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 Bulgaria 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 Euro 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 Bulgaria.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Mozambique to Bulgaria. 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 transfer money to Bulgaria from Mozambique?

Mozambique to Bulgaria money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Bulgaria as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Mozambique Metical to Euro money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to do a money transfer from Mozambique to Bulgaria

The first step to send money to Bulgaria from Mozambique is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your MZN to EUR overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Bulgaria if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Mozambique bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Bulgaria!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Mozambique to Bulgaria.