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 El Salvador. 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.
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 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 send money from Mozambique to El Salvador?
With the global remittance market booming, there are so many choices for Mozambique Metical to USD 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 El Salvador 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 USD 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 remit rate for transferring money from Mozambique to El Salvador?
With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Mozambique to El Salvador transfers.RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your MZN to United States Dollar international money transfers.
To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Mozambique Metical to United States Dollar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.
What's the cheapest way to send money to El Salvador from Mozambique?
One of the most important things to watch out for is hidden fees when sending money to El Salvador 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 El Salvador using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your United States Dollar foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MZN to El Salvador 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 El Salvador from Mozambique.
Should I use my bank to send money from Mozambique to El Salvador?
Bank transfers have been a traditionally popular way to send money overseas from Mozambique to El Salvador. 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 El Salvador 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 El Salvador?
It could be a stressful experience if you need to rush money quickly from Mozambique to El Salvador. 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 USD. 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 United States Dollar. 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 El Salvador money transfers.
Which are the best money transfer companies to transfer money from Mozambique to El Salvador?
Since the Mozambique Metical to United States Dollar 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 El Salvador. 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 USD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in El Salvador 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 El Salvador transaction.
Step by step guide to do a money transfer from Mozambique to El Salvador
Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Mozambique to El Salvador, then please continue to read.One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Mozambique to El Salvador that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.
Once you identify your provider of choice, follow the below step by step guide to send money.
- Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
- Provide information about the receiver - name, address and a bank account in El Salvador where they can receive monies in United States Dollar.
- Then, provide details of your Mozambique bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
- Finally, select the amount you want to transfer, and click Send.
- The provider will start your transaction, and keep you updated on the progress of your transfer.