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Compare today's PHP to MZN (Philippine Peso to Mozambique Metical) exchange rates

Philippines
Mozambique
PHP

Interbank Exchange Rate: 1 PHP = 1.0840 MZN
Updated about an hour ago

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

Easily compare money transfer providers in one place to send money from Philippines to Mozambique. Send money overseas to your loved ones by comparing Philippine Peso (PHP) 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 Philippines.

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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.

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Latest PHP to MZN Conversion Rates

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

1 PHP1.08 MZN
5 PHP5.42 MZN
10 PHP10.84 MZN
25 PHP27.10 MZN
50 PHP54.20 MZN
100 PHP108.40 MZN
150 PHP162.60 MZN
200 PHP216.80 MZN
250 PHP271.00 MZN
300 PHP325.20 MZN
400 PHP433.60 MZN
500 PHP542.00 MZN
600 PHP650.40 MZN
700 PHP758.80 MZN
800 PHP867.20 MZN
1,000 PHP1,084.00 MZN
1,500 PHP1,626.00 MZN
2,000 PHP2,168.00 MZN
2,500 PHP2,710.00 MZN
3,000 PHP3,252.00 MZN
4,000 PHP4,336.00 MZN
5,000 PHP5,420.00 MZN
10,000 PHP10,840.00 MZN
15,000 PHP16,260.00 MZN
20,000 PHP21,680.00 MZN
30,000 PHP32,520.00 MZN
40,000 PHP43,360.00 MZN
50,000 PHP54,200.00 MZN
100,000 PHP108,400.00 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 Philippines?

There are many good choices when it comes to sending money from Philippines to Mozambique. 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 Philippine Peso to MZN money transfers.

We compare different remittance companies to bring you the best options to send money to Mozambique from Philippines. 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 Philippine Peso to Mozambique Metical 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 Philippines 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 Philippines. 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 PHP 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 Philippines 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 send money from Philippines to Mozambique?

The final amount your recipient gets when you send PHP to MZN 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 Philippines to Mozambique 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 Mozambique Metical 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 Philippine Peso to Mozambique 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.


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

Big banks in Philippines are known to make a lot of money by charging high fees on Mozambique money transfers from Philippines. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a PHP to MZN exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Mozambique. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Philippines to Mozambique. You work hard for your money, so you should also ensure you get the maximum yield when you send MZN overseas.


What is the fastest way to transfer money from Philippines to Mozambique?

The speed of your Philippine Peso to Mozambique Metical funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert PHP to MZN. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Mozambique from Philippines is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Mozambique if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout MZN into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Philippines bank to Mozambique bank transfer.


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

Since the Philippine Peso to Mozambique Metical 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 Philippines that may also be able to send money to Mozambique. 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 PHP to MZN money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Mozambique gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Philippines to Mozambique transaction.


Step by step guide to do a money transfer from Philippines to Mozambique

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 Philippines to Mozambique, 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 Philippines to Mozambique 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 Mozambique where they can receive monies in Mozambique Metical.
  • Then, provide details of your Philippines 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.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your PHP travel to another part of the globe.