Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's MMK to MZN (Myanmar Kyat to Mozambique Metical) exchange rates

Myanmar (Burma)
Mozambique
MMK

Interbank Exchange Rate: 1 MMK = 0.0304 MZN
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Myanmar Kyat to Mozambique Metical money transfers

Easily compare money transfer providers in one place to send money from Myanmar (Burma) to Mozambique. Send money overseas to your loved ones by comparing Myanmar Kyat (MMK) to Mozambique Metical (MZN) 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 Myanmar (Burma).

Were you looking to send money from Mozambique to Myanmar (Burma) 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 MMK to MZN Conversion Rates

Here are some latest MMK to MZN (Myanmar Kyat to Mozambique Metical) exchange rates for popular conversion amounts*.

1 MMK0.03 MZN
5 MMK0.15 MZN
10 MMK0.30 MZN
25 MMK0.76 MZN
50 MMK1.52 MZN
100 MMK3.04 MZN
150 MMK4.56 MZN
200 MMK6.08 MZN
250 MMK7.60 MZN
300 MMK9.12 MZN
400 MMK12.16 MZN
500 MMK15.20 MZN
600 MMK18.24 MZN
700 MMK21.28 MZN
800 MMK24.32 MZN
1,000 MMK30.40 MZN
1,500 MMK45.60 MZN
2,000 MMK60.80 MZN
2,500 MMK76.00 MZN
3,000 MMK91.20 MZN
4,000 MMK121.60 MZN
5,000 MMK152.00 MZN
10,000 MMK304.00 MZN
15,000 MMK456.00 MZN
20,000 MMK608.00 MZN
30,000 MMK912.00 MZN
40,000 MMK1,216.00 MZN
50,000 MMK1,520.00 MZN
100,000 MMK3,040.00 MZN

*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 Mozambique from Myanmar (Burma)?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Myanmar (Burma) to Mozambique. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Myanmar Kyat to MZN.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send MMK to MZN in Mozambique. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Mozambique from Myanmar (Burma). We provide you with maximum choices to send money to Mozambique by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Myanmar (Burma) to Mozambique?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Mozambique from Myanmar (Burma). 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 MMK to Mozambique Metical 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 Myanmar (Burma) to Mozambique corridor to give you more good choices for your next MZN money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to transfer money from Myanmar (Burma) to Mozambique?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Myanmar (Burma) to Mozambique via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Myanmar Kyat to Mozambique Metical remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Myanmar (Burma) to Mozambique exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for MMK to MZN remittances.


Should I use my bank to send money from Myanmar (Burma) to Mozambique?

We do not recommend using your local bank in Myanmar (Burma) for your next MMK to MZN 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 Myanmar (Burma) to Mozambique (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 MZN to Mozambique. These companies will let you use your local bank account in Myanmar (Burma) to pay for your Mozambique 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 from Myanmar (Burma) to Mozambique fast?

If you need to convert MMK to MZN 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 Myanmar (Burma) to Mozambique 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 Myanmar Kyat to Mozambique Metical 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 Mozambique.

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

Comparing money transfer companies for sending money to Mozambique from Myanmar (Burma) can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Mozambique. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Myanmar Kyat to Mozambique Metical transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Mozambique Metical yield on every Myanmar Kyat that you send.


Step by step guide to send money to Mozambique from Myanmar (Burma)

There are many important aspects of Myanmar (Burma) to Mozambique 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 - Myanmar (Burma) 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 MZN 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 Myanmar Kyat amount you want to send from Myanmar (Burma).
  • 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 Mozambique to validate that they get the money once the transaction clears.