🇲🇿 MZN to 🇿🇦 ZAR — Mozambican Metical to South African Rand Rate Today
Live indicative interbank rate. Last refreshed 22 Jun 2026 14:01:33 UTC.
Convert Mozambican Metical to South African Rand using the live indicative interbank rate and the converter below. Covers the cost of sending to South Africa via the major mobile money apps.
Why the MZN–ZAR corridor matters
The Maputo Corridor (N4) links Johannesburg to Mozambique's coast — mining, natural gas and cross-border labour drive the rand–metical pair.
Currency converter
MZN → ZAR conversion table
| MZN | ZAR |
|---|---|
| 1 | 0.26 |
| 5 | 1.28 |
| 10 | 2.57 |
| 20 | 5.14 |
| 50 | 12.84 |
| 100 | 25.68 |
| 200 | 51.36 |
| 500 | 128.39 |
| 1,000 | 256.78 |
| 2,000 | 513.55 |
| 5,000 | 1,283.88 |
| 10,000 | 2,567.76 |
Table computed at the indicative rate of 1 MZN = 0.2568 ZAR. Real operator-side values include a 1%-4% spread.
Mozambican Metical to South African Rand 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 South African Rand
The South African Rand (ZAR, R) is the official currency of South Africa and a legal tender in Lesotho, Eswatini and Namibia through the Common Monetary Area arrangement. The Rand is issued by the South African Reserve Bank (SARB) and is subdivided into 100 cents. Among African currencies, the Rand is the most liquid and the most actively traded in global FX markets, and it serves as a popular proxy for sub-Saharan emerging-market sentiment. As a result the Rand is materially more volatile than most African currencies, reacting to global risk-on / risk-off flows that have little to do with South African domestic fundamentals. For mobile-money flows the Rand is less central than the Naira or Cedi because South Africa's payment infrastructure is dominated by traditional bank rails and the country has no major MTN MoMo or M-Pesa retail wallet base.
How to send Mozambican Metical to South Africa
For transfers from Mozambique to South Africa, the competitive options in 2026 are mobile-first remitters (Sendwave, LemFi, TapTap Send, Lemonade Finance), aggregators (Wise, WorldRemit, Remitly) and direct operator rails (MTN MoMo, Orange Money, M-Pesa Global). All-in cost depends on amount, receiving wallet and day. Compare options side by side on our South Africa inbound transfer page.
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FAQ
What is the MZN/ZAR exchange rate today?
How much is 100 MZN in ZAR?
What's the best way to send Mozambican Metical to South Africa?
Is the South African Rand 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 South Africa, see the inbound transfer comparison.