Compare today's MZN to CVE (Mozambique Metical to Cape Verde Escudo) exchange rates
Interbank Exchange Rate: 1 MZN = 1.4713 CVE
Updated about an hour ago
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All you need to know about Mozambique Metical to Cape Verde Escudo money transfers
Easily compare money transfer providers in one place to send money from Mozambique to Cape Verde. Send money overseas to your loved ones by comparing Mozambique Metical (MZN) to Cape Verde Escudo (CVE) 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 CVE Conversion Rates
Here are some latest MZN to CVE (Mozambique Metical to Cape Verde Escudo) exchange rates for popular conversion amounts*.
| 1 MZN | 1.47 CVE |
| 5 MZN | 7.36 CVE |
| 10 MZN | 14.71 CVE |
| 25 MZN | 36.78 CVE |
| 50 MZN | 73.57 CVE |
| 100 MZN | 147.13 CVE |
| 150 MZN | 220.70 CVE |
| 200 MZN | 294.26 CVE |
| 250 MZN | 367.83 CVE |
| 300 MZN | 441.39 CVE |
| 400 MZN | 588.52 CVE |
| 500 MZN | 735.65 CVE |
| 600 MZN | 882.78 CVE |
| 700 MZN | 1,029.91 CVE |
| 800 MZN | 1,177.04 CVE |
| 1,000 MZN | 1,471.30 CVE |
| 1,500 MZN | 2,206.95 CVE |
| 2,000 MZN | 2,942.60 CVE |
| 2,500 MZN | 3,678.25 CVE |
| 3,000 MZN | 4,413.90 CVE |
| 4,000 MZN | 5,885.20 CVE |
| 5,000 MZN | 7,356.50 CVE |
| 10,000 MZN | 14,713.00 CVE |
| 15,000 MZN | 22,069.50 CVE |
| 20,000 MZN | 29,426.00 CVE |
| 30,000 MZN | 44,139.00 CVE |
| 40,000 MZN | 58,852.00 CVE |
| 50,000 MZN | 73,565.00 CVE |
| 100,000 MZN | 147,130.00 CVE |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to send money from Mozambique to Cape Verde?
It can be very confusing when sending money from Mozambique to Cape Verde given so many choices. Additionally, Mozambique Metical to CVE exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.Choose Mozambique to Cape Verde as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Cape Verde from Mozambique. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.
To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Mozambique Metical to Cape Verde Escudo remittances.
How to get the best exchange rate for your money transfers from Mozambique to Cape Verde?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Cape Verde 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 Cape Verde Escudo 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 Cape Verde corridor to give you more good choices for your next CVE money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way for transferring money to Cape Verde from Mozambique?
The final amount your recipient gets when you send MZN to CVE is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.Before the dawn of the modern internet era, traditional methods to send money from Mozambique to Cape Verde used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.
A great way to find the cheapest options to send Cape Verde Escudo is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Mozambique Metical to Cape Verde exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.
Should I use my bank to send money from Mozambique to Cape Verde?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low MZN to CVE exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Mozambique to Cape Verde money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Cape Verde from Mozambique. They do this by letting you fund your transaction through your local bank account in Mozambique, and by allowing you to choose the payout to be your recipient's bank account in Cape Verde. But, you are likely to get much better rates and lower fees compared to your bank.
How to send money to Cape Verde from Mozambique fast?
The speed of your Mozambique Metical to Cape Verde Escudo funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert MZN to CVE. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Cape Verde from Mozambique is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Cape Verde if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout CVE into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Mozambique bank to Cape Verde bank transfer.
Which are the best money transfer companies to transfer money from Mozambique to Cape Verde?
Mozambique to Cape Verde 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 Cape Verde 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 Cape Verde Escudo 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 Cape Verde
Follow the below easy steps to send money to Cape Verde 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 Cape Verde).
- 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.