🇲🇿 MZN to 🇪🇺 EUR — Mozambican Metical to Euro Rate Today
Indicative interbank rate. Interbank rate updated 19 Jul 03:00 UTC (less than 1h ago) · ExchangeRate-API (interbank)
Convert Mozambican Metical to Euro using the live indicative interbank rate and the converter below. Covers the cost of sending to Eurozone via the major mobile money apps.
MZN to EUR rate change
Rate tracking started 5 June 2026. Longer windows fill in as history grows.
Change in the MZN→EUR rate. + means the Euro weakened against the Mozambican Metical; − means it strengthened.
Currency converter
MZN → EUR conversion table
| MZN | EUR |
|---|---|
| 1 | 0.01 |
| 5 | 0.07 |
| 10 | 0.14 |
| 20 | 0.27 |
| 50 | 0.69 |
| 100 | 1.37 |
| 200 | 2.74 |
| 500 | 6.85 |
| 1,000 | 13.70 |
| 2,000 | 27.40 |
| 5,000 | 68.50 |
| 10,000 | 137.00 |
Table computed at the indicative rate of 1 MZN = 0.0137 EUR. Real operator-side values include a 1%-4% spread.
Mozambican Metical to Euro exchange rate history
About the Mozambican Metical
The Mozambican Metical (MZN, MT) is the official currency of Mozambique, issued by the Bank of Mozambique. The current Metical was introduced in July 2006 at a rate of 1 new Metical for 1,000 old Meticais as part of a redenomination intended to simplify accounting after years of inflation. Subdivided into 100 centavos, the Metical operates under a managed-float regime. The currency is structurally exposed to LNG-related FX inflows tied to the country's Rovuma Basin gas development and to coal export receipts; the timing of those flows materially shapes interbank liquidity. For diaspora and remittance flows to M-Pesa Mozambique and Mkesh, the formal-channel Metical rate stays close to the interbank reference, and Mozambique applies no specific government levy on mobile-money transactions, leaving the all-in cost competitive.
About the Euro
The Euro (EUR, €) is the official currency of 20 European Union member states and the anchor of one of the most consequential fixed-peg arrangements in African monetary history. The Euro is issued by the European Central Bank in Frankfurt and is the second-largest reserve currency after the USD. Two African monetary unions — the West African Economic and Monetary Union (UEMOA / XOF) and the Central African Economic and Monetary Community (CEMAC / XAF) — peg their CFA francs to the EUR at the fixed rate of 655.957 CFA = 1 EUR. The peg has been in continuous operation since the 1999 introduction of the Euro, and replaced the prior French franc peg. For diaspora remitters in France, Belgium, Italy, Spain, Portugal and Germany, the EUR is the dominant send currency for the WAEMU and CEMAC routes.
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FAQ
What is the MZN/EUR exchange rate today?
How much is 100 MZN in EUR?
What's the best way to send Mozambican Metical to Eurozone?
Is the Euro a stable currency?
Why is the rate I see on my mobile money operator different?
Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to Eurozone, see the inbound transfer comparison.