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Compare today's MZN to DOP (Mozambique Metical to Dominican Peso) exchange rates

Mozambique
Dominican Republic
MZN

Interbank Exchange Rate: 1 MZN = 0.9902 DOP
Updated about an hour ago

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All you need to know about Mozambique Metical to Dominican Peso money transfers

Easily compare money transfer providers in one place to send money from Mozambique to Dominican Republic. Send money overseas to your loved ones by comparing Mozambique Metical (MZN) to Dominican Peso (DOP) 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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Latest MZN to DOP Conversion Rates

Here are some latest MZN to DOP (Mozambique Metical to Dominican Peso) exchange rates for popular conversion amounts*.

1 MZN0.99 DOP
5 MZN4.95 DOP
10 MZN9.90 DOP
25 MZN24.76 DOP
50 MZN49.51 DOP
100 MZN99.02 DOP
150 MZN148.53 DOP
200 MZN198.04 DOP
250 MZN247.55 DOP
300 MZN297.06 DOP
400 MZN396.08 DOP
500 MZN495.10 DOP
600 MZN594.12 DOP
700 MZN693.14 DOP
800 MZN792.16 DOP
1,000 MZN990.20 DOP
1,500 MZN1,485.30 DOP
2,000 MZN1,980.40 DOP
2,500 MZN2,475.50 DOP
3,000 MZN2,970.60 DOP
4,000 MZN3,960.80 DOP
5,000 MZN4,951.00 DOP
10,000 MZN9,902.00 DOP
15,000 MZN14,853.00 DOP
20,000 MZN19,804.00 DOP
30,000 MZN29,706.00 DOP
40,000 MZN39,608.00 DOP
50,000 MZN49,510.00 DOP
100,000 MZN99,020.00 DOP

*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 Dominican Republic from Mozambique?

There are many good choices when it comes to sending money from Mozambique to Dominican Republic. 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 DOP money transfers.

We compare different remittance companies to bring you the best options to send money to Dominican Republic 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 Dominican Peso 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 your money transfers from Mozambique to Dominican Republic?

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 Dominican Republic.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Mozambique to Dominican Republic 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 Dominican Peso 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 to Dominican Republic from Mozambique?

The final amount your recipient gets when you send MZN to DOP 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 Dominican Republic 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 Dominican Peso 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 Dominican Republic 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 transfer money from Mozambique to Dominican Republic?

Bank transfers have been a traditionally popular way to send money overseas from Mozambique to Dominican Republic. 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 DOP 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 Dominican Republic 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 transfer money from Mozambique to Dominican Republic?

It could be a stressful experience if you need to rush money quickly from Mozambique to Dominican Republic. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert MZN to DOP. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Dominican Peso. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Mozambique to Dominican Republic money transfers.


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

Since the Mozambique Metical to Dominican Peso money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Mozambique that may also be able to send money to Dominican Republic. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your MZN to DOP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Dominican Republic gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Mozambique to Dominican Republic transaction.


Step by step guide to send money to Dominican Republic from Mozambique

Follow the below easy steps to send money to Dominican Republic 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 Dominican Republic).
  • 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.

The provider will then work on your MZN to DOP remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.