MMomoCalc

🇲🇿 MZN to 🇬🇧 GBP Exchange Rate

Convert Mozambican Metical to British Pound using the live indicative interbank rate and the converter below. Covers the cost of sending to United Kingdom via the major mobile money apps.

1 MZN = 0.01 GBP

Updated 2026-06-04

Currency converter

You convert
🇲🇿MZN
Receives
🇬🇧1.16GBP
1 MZN = 0.01 GBP · Updated 2026-06-04 00:00

MZN → GBP conversion table

MZNGBP
10.01
50.06
100.12
200.23
500.58
1001.16
2002.32
5005.80
1,00011.60
2,00023.20
5,00058.00
10,000116.00

Table computed at the indicative rate of 1 MZN = 0.01 GBP. Real operator-side values include a 1%-4% spread.

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 British Pound

The British Pound (GBP, £) is the official currency of the United Kingdom and the primary currency in which the UK-based African diaspora earns and sends. Issued by the Bank of England, the Pound is subdivided into 100 pence. The UK is one of the three largest remittance source markets for Africa, channelling several billion pounds a year primarily to Nigeria, Ghana, Kenya, Somalia, and Zimbabwe. After the 2016 Brexit referendum the GBP traded substantially weaker against both USD and EUR, which compressed remittance values when measured in either dollars or recipient local currency. Mobile-first remitters serving the UK-Africa corridor — Sendwave, LemFi, TapTap Send, Lemonade Finance — typically post a GBP rate within 0.5%–2% of interbank, with the fee structure varying by amount and destination.

Related pairs

FAQ

What is the MZN/GBP exchange rate today?
The indicative rate is 1 MZN = 0.01 GBP, updated 2026-06-04. This is an interbank mid-market reference; mobile money operators apply their own spread on top.
How much is 100 MZN in GBP?
100 MZN ≈ 1.16 GBP at the indicative rate. For 100 MZN: 1.16 GBP. Use the converter above to try other amounts.
What's the best way to send Mozambican Metical to United Kingdom?
For MZN to United Kingdom transfers, compare Sendwave, LemFi, WorldRemit, TapTap Send, Wise and traditional bank rails. The fee structure varies by amount and receiving method.
Is the British Pound a stable currency?
The British Pound (GBP, £) is the official currency of the United Kingdom and the primary currency in which the UK-based African diaspora earns and sends. Issued by the Bank of England, the Pound is subdivided into 100 pence.
Why is the rate I see on my mobile money operator different?
The rate shown here is an indicative interbank mid-market reference. Operators (Sendwave, M-Pesa, MTN MoMo, LemFi, etc.) add a 1%-4% spread on top of this mid-market to cover their risk and operational cost. This is normal and consistent with market practice.

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 United Kingdom, see the inbound corridor comparison.