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

Mozambique
Germany
MZN
Interbank Exchange Rate: 1 MZN = 0.0135 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 Germany. 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.

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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 MZN0.14 EUR
25 MZN0.34 EUR
50 MZN0.68 EUR
100 MZN1.35 EUR
150 MZN2.03 EUR
200 MZN2.70 EUR
250 MZN3.38 EUR
300 MZN4.05 EUR
400 MZN5.40 EUR
500 MZN6.75 EUR
600 MZN8.10 EUR
700 MZN9.45 EUR
800 MZN10.80 EUR
1,000 MZN13.50 EUR
1,500 MZN20.25 EUR
2,000 MZN27.00 EUR
2,500 MZN33.75 EUR
3,000 MZN40.50 EUR
4,000 MZN54.00 EUR
5,000 MZN67.50 EUR
10,000 MZN135.00 EUR
15,000 MZN202.50 EUR
20,000 MZN270.00 EUR
30,000 MZN405.00 EUR
40,000 MZN540.00 EUR
50,000 MZN675.00 EUR
100,000 MZN1,350.00 EUR

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


What's the best way to send money from Mozambique to Germany?

There are many good choices when it comes to sending money from Mozambique to Germany. 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 EUR money transfers.

We compare different remittance companies to bring you the best options to send money to Germany 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 Euro money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Mozambique to Germany?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Germany 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 Euro 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 Germany corridor to give you more good choices for your next EUR 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 Germany from Mozambique?

Finding the cheapest way to send money from Mozambique to Germany 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 EUR 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 Germany 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.


Should I use my bank to send money from Mozambique to Germany?

We do not recommend using your local bank in Mozambique for your next MZN to EUR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Mozambique to Germany (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending EUR to Germany. These companies will let you use your local bank account in Mozambique to pay for your Germany money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Germany from Mozambique fast?

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 Germany 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 Germany.

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

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 Germany, 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 Euro 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 EUR money transfers to Germany. 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 Germany getting more money for every Mozambique Metical you send.


Step by step guide to send money from Mozambique to Germany

With so many possible ways to transfer Mozambique Metical to Euro, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Mozambique to Germany remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Mozambique and the receiver in Germany. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your MZN to Euro money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.