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Compare today's MZN to XOF (Mozambique Metical to CFA Franc BCEAO) exchange rates

Mozambique
Republic of Congo
MZN

Interbank Exchange Rate: 1 MZN = 8.7283 XOF
Updated about an hour ago

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All you need to know about Mozambique Metical to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Mozambique to Republic of Congo. Send money overseas to your loved ones by comparing Mozambique Metical (MZN) to CFA Franc BCEAO (XOF) 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.

Were you looking to send money from Republic of Congo to Mozambique instead?

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 XOF Conversion Rates

Here are some latest MZN to XOF (Mozambique Metical to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 MZN8.73 XOF
5 MZN43.64 XOF
10 MZN87.28 XOF
25 MZN218.21 XOF
50 MZN436.42 XOF
100 MZN872.83 XOF
150 MZN1,309.25 XOF
200 MZN1,745.66 XOF
250 MZN2,182.08 XOF
300 MZN2,618.49 XOF
400 MZN3,491.32 XOF
500 MZN4,364.15 XOF
600 MZN5,236.98 XOF
700 MZN6,109.81 XOF
800 MZN6,982.64 XOF
1,000 MZN8,728.30 XOF
1,500 MZN13,092.45 XOF
2,000 MZN17,456.60 XOF
2,500 MZN21,820.75 XOF
3,000 MZN26,184.90 XOF
4,000 MZN34,913.20 XOF
5,000 MZN43,641.50 XOF
10,000 MZN87,283.00 XOF
15,000 MZN130,924.50 XOF
20,000 MZN174,566.00 XOF
30,000 MZN261,849.00 XOF
40,000 MZN349,132.00 XOF
50,000 MZN436,415.00 XOF
100,000 MZN872,830.00 XOF

*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 to Congo from Mozambique?

With the global remittance market booming, there are so many choices for Mozambique Metical to XOF 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 Congo 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 XOF 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 sending money from Mozambique to Congo?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Congo from Mozambique.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MZN to CFA Franc BCEAO remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for MZN to XOF remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Mozambique to Congo?

Finding the cheapest way to send money from Mozambique to Congo 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 XOF 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 Congo 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.


How to send money to Congo from Mozambique through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Mozambique to Congo money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like MZN to XOF transfers.

Given this, there are umpteen additional options to send money to Congo instead of just your Mozambique bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Mozambique Metical even more so that your recipient in Congo gets the maximum amount.


How to send money from Mozambique to Congo fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Mozambique to Congo. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert MZN to XOF fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Mozambique Metical amount reaching Congo. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush CFA Franc BCEAO quickly to Congo, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to send money to Congo from Mozambique?

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 Congo, 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 CFA Franc BCEAO 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 XOF money transfers to Congo. 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 Congo getting more money for every Mozambique Metical you send.


Step by step guide to send money from Mozambique to Congo

There are many important aspects of Mozambique to Congo remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Mozambique bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include XOF bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Mozambique Metical amount you want to send from Mozambique.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Congo to validate that they get the money once the transaction clears.