1 ZAR = 3.386 MZN
1 MZN = 0.295 ZAR
(Mid-market exchange rate)
Last updated Mar 29, 2024 10:04 GMT
Below is the live and historical South African Rand to Mozambican Metical rate chart so you can see today's rate - and how the rates have changed over time.
1 ZAR = 3.386 MZN
Stat | Last 7 days | Last 30 days | Last 90 days | Last year | Selected period on chart |
---|---|---|---|---|---|
High | 3.406 | 3.451 | 3.479 | 3.649 | 3.451 |
Low | 3.355 | 3.304 | 3.303 | 3.227 | 3.304 |
Average | 3.384 | 3.39 | 3.389 | 3.418 | 3.39 |
Volatility | 1.52% | 4.45% | 5.33% | 13.08% | 4.45% |
1 ZAR is worth 3.386 MZN today
At the current exchange rate of 3.386 , a sum of 500 South African Rand is worth 1,693 Mozambican Metical.
The South African Rand is currently stronger than the Mozambican Metical given that 1 ZAR is equal to 3.386 MZN. Conversely, 1 MZN is worth 0.295 ZAR.
Today, to buy 500 South African Rand, you need 1,693 Mozambican Metical. On the same date last year, you needed 1,768.5 Mozambican Metical for 500 South African Rand. This change indicates that the South African Rand has lost value against the Mozambican Metical by 4.35% over the past year.
The pair experienced high volatility of 13.08%.
High volatility means there is a higher risk of significant price changes. It is better to closely monitor the exchange rate in such situations.
Today's ZAR to MZN exchange rate (3.384) is smaller compared to yesterday's rate (3.384).
1 ZAR | 3.38600 MZN |
5 ZAR | 16.93000 MZN |
10 ZAR | 33.86000 MZN |
20 ZAR | 67.72000 MZN |
25 ZAR | 84.65000 MZN |
50 ZAR | 169.30000 MZN |
100 ZAR | 338.60000 MZN |
250 ZAR | 846.50000 MZN |
500 ZAR | 1,693.00000 MZN |
1,000 ZAR | 3,386.00000 MZN |
2,000 ZAR | 6,772.00000 MZN |
5,000 ZAR | 16,930.00000 MZN |
10,000 ZAR | 33,860.00000 MZN |
1 MZN | 0.29533 ZAR |
5 MZN | 1.47667 ZAR |
10 MZN | 2.95334 ZAR |
20 MZN | 5.90667 ZAR |
25 MZN | 7.38334 ZAR |
50 MZN | 14.76669 ZAR |
100 MZN | 29.53337 ZAR |
250 MZN | 73.83343 ZAR |
500 MZN | 147.66686 ZAR |
1,000 MZN | 295.33373 ZAR |
2,000 MZN | 590.66745 ZAR |
5,000 MZN | 1,476.66864 ZAR |
10,000 MZN | 2,953.33727 ZAR |
The currency code for South African Rand is ZAR.
The ZAR currency symbol is R.
Minor unit: 1/100 = Cent
ZAR rank by most traded currencies: 18
Avg proportion of daily world trade volume: 0.50%
ZAR rank by strongest currencies (buying power): 65
The South African Rand is the currency of 4 countries:
South Africa, Eswatini, Lesotho, Namibia
The currency code for Mozambican Metical is MZN.
The MZN currency symbol is Mt.
Minor unit: 1/100 = Centavo
MZN rank by most traded currencies: Not in top 40 traded currencies
Avg proportion of daily world trade volume: 0% (Low daily trade currency)
MZN rank by strongest currencies (buying power): 86
The Mozambican Metical is the currency of 1 countries:
Mozambique
Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert South African Rand to Mozambican Metical, to send a payment, for a trip overseas, when shopping online or to hold a balance in Mozambican Metical.
You can convert South African Rand to Mozambican Metical either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Mozambican Metical in cash. Or, you can choose to convert digitally, to send a payment overseas for example.
If you're exchanging money in a physical location you'll usually need to take the following steps:
Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:
Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best ZAR to MZN exchange rate for your specific transaction.
Get to know the ZAR/MZN mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the ZAR/MZN mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.
Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including South African Rand and Mozambican Metical. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.
You'll be able to exchange Mozambican Metical to South African Rand in the same way as you'd exchange South African Rand to Mozambican Metical. If you have Mozambican Metical in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Mozambican Metical. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.
On the other hand, if you hold South African Rand in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.
You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.
A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.
ZAR | USD | GBP | EUR | XOF | AUD | ZMW | MVR | MXN | |
---|---|---|---|---|---|---|---|---|---|
To ZAR | - | 18.93010 | 23.90210 | 20.40000 | 0.03110 | 12.33010 | - | 1.22757 | 1.14105 |
To USD | 0.05283 | - | 1.26250 | 1.07750 | 0.00164 | 0.65135 | - | 0.06485 | 0.06028 |
To GBP | 0.04184 | 0.79208 | - | 0.85347 | 0.00130 | 0.51586 | - | 0.05136 | 0.04774 |
To EUR | 0.04902 | 0.92810 | 1.17169 | - | 0.00152 | 0.60442 | - | 0.06017 | 0.05593 |
To XOF | 32.15400 | 608.67800 | 768.54700 | 655.94200 | - | 396.46200 | - | 39.47820 | 36.69680 |
To AUD | 0.08110 | 1.53527 | 1.93851 | 1.65449 | 0.00252 | - | - | 0.09956 | 0.09254 |
To ZMW | - | - | - | - | - | - | - | - | - |
To MVR | 0.81462 | 15.42080 | 19.47110 | 16.61820 | 0.02533 | 10.04430 | - | - | 0.92955 |
To MXN | 0.87639 | 16.59010 | 20.94750 | 17.87830 | 0.02725 | 10.80600 | - | 1.07579 | - |
The South African Rand to Mozambican Metical exchange rate today is 3.386 . Use this guide to learn more about exchanging ZAR to MZN in the easiest and best value way for your specific needs.
The ZAR to MZN rate today is 3.386 . That means that 500 South African Rand would be worth 1,693 Mozambican Metical.
Exchange ZAR to MZN in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including ZAR to MZN.
If you want to send money from South Africa - or anywhere else in the world - to Mozambique, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to Mozambique - plus, you'll be able to get everything arranged with just your laptop or phone.
The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Mozambican Metical and South African Rand on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.
Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.
Get the live South African Rand to Mozambican Metical exchange rate with our handy tools, to help you compare your options.
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