5,000 MZN to PGK - Convert Mozambican Metical to Papua New Guinean kina

Convert MZN to PGK using our currency converter with real exchange rate today

1 MZN = 0.06 PGK

1 PGK = 16.667 MZN

(Mid-market exchange rate)

Last updated Jun 15, 2024 16:46 GMT

MZN to PGK conversion chart

Below is the live and historical Mozambican Metical to Papua New Guinean kina rate chart so you can see today's rate - and how the rates have changed over time.

1 MZN = 0.06 PGK

5,000 Mozambican Metical to Papua New Guinean kina stats | MZN to PGK

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 0.06 0.06 0.06 0.06 0.06
Low 0.06 0.06 0.059 0.055 0.06
Average 0.06 0.06 0.06 0.058 0.06
Volatility 0% 0% 1.69% 9.09% 0%

What is the Mozambican Metical worth against the Papua New Guinean kina today?

1 MZN is worth 0.06 PGK today

How much is 5,000 MZN worth in PGK?

At the current exchange rate of 0.06 , a sum of 5,000 Mozambican Metical is worth 300 Papua New Guinean kina.

Which currency is stronger? MZN or PGK?

The Papua New Guinean kina is currently stronger than the Mozambican Metical given that 1 PGK is equal to 16.667 MZN. Conversely, 1 MZN is worth 0.06 PGK.

Overview of MZN to PGK Performance and Trends

Today, to buy 5,000 Mozambican Metical, you need 300 Papua New Guinean kina. On the same date last year, you needed 280 Papua New Guinean kina for 5,000 Mozambican Metical. This change indicates that the Mozambican Metical has become stronger against the Papua New Guinean kina by 7.14% over the past year.

The pair experienced moderate volatility of 9.09%.

Moderate volatility means there is a moderate risk of price changes. It represents a balance of potential gains and risks.

MZN to PGK Currency Performance and Volatility

Last 7 Days

  • Performance: Mt5,000 varied between K0.06 (weekly low) and K0.06 (weekly high), a variance of K0 .
  • Volatility: Fluctuated by 0%.

Last 30 Days

  • Performance: Mt5,000 varied between K0.06 (30-day low) to K0.06 (30-day high), a variance of K0 .
  • Volatility: Fluctuated by 0%.

Last 90 Days

  • Performance: Mt5,000 varied between K0.059 (90-day low) to K0.06 (90-day high), a variance of K0.001 .
  • Volatility: Fluctuated by 1.69%.

Last Year

  • Performance: Mt5,000 ranged from K0.055 (yearly low) to K0.06 (yearly high), a variance of K0.005 .
  • Volatility: Fluctuated by 9.09%.

MZN to PGK Forecast and trending

Is the Mozambican Metical going up or down against the Papua New Guinean kina?

Today's MZN to PGK exchange rate (0.06) is smaller compared to yesterday's rate (0.06).

Currency information

MZN - Mozambican Metical

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

PGK - Papua New Guinean kina

The currency code for Papua New Guinean kina is PGK.

The PGK currency symbol is K.

Minor unit: 1/100 = Toea

PGK rank by most traded currencies: Not in top 40 traded currencies

Avg proportion of daily world trade volume: 0% (Low daily trade currency)

PGK rank by strongest currencies (buying power): 37

The Papua New Guinean kina is the currency of 1 countries:
Papua New Guinea

Understanding MZN to PGK Currency Exchange: Our Top Tips

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 Mozambican Metical to Papua New Guinean kina, to send a payment, for a trip overseas, when shopping online or to hold a balance in Papua New Guinean kina.

How to convert MZN to PGK?

You can convert Mozambican Metical to Papua New Guinean kina 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 Papua New Guinean kina 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:

  • Choose an exchange service that suits your needs
  • Head there with the money in Mozambican Metical cash to exchange
  • Get a quote for the exchange rate and any commission or fee you need to pay
  • Hand over your money and receive your Papua New Guinean kina in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

  • Choose an international payment service that suits your needs and head to their desktop site, or download their app
  • Tap Send Payment
  • Enter the amount in Mozambican Metical you want to send, or the amount in Papua New Guinean kina you want your recipient to get in the end
  • You'll be shown a quote for the exchange rate and any commission or fee you need to pay
  • Choose your preferred payment method, and follow the prompts to pay
  • Your money will be deposited to your recipient's bank account directly, in Papua New Guinean kina

How to get the best MZN to PGK exchange rate?

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 MZN to PGK exchange rate for your specific transaction.

Get to know the MZN/PGK 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 MZN/PGK 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 Mozambican Metical and Papua New Guinean kina. 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.

How to buy Mozambican Metical with Papua New Guinean kina?

You'll be able to exchange Papua New Guinean kina to Mozambican Metical in the same way as you'd exchange Mozambican Metical to Papua New Guinean kina. If you have Papua New Guinean kina 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 Papua New Guinean kina. 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 Mozambican Metical 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.

Where to exchange MZN to PGK?

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.

Frequently asked questions when converting Mozambican Metical to Papua New Guinean kina (MZN to PGK)

How much is the Mozambican Metical to Papua New Guinean kina?

The Mozambican Metical to Papua New Guinean kina exchange rate today is 0.06 . Use this guide to learn more about exchanging MZN to PGK in the easiest and best value way for your specific needs.

How much is 5,000 Mozambican Metical to the Papua New Guinean kina?

The MZN to PGK rate today is 0.06 . That means that 5,000 Mozambican Metical would be worth 300 Papua New Guinean kina.

How to exchange Mozambican Metical to Papua New Guinean kina?

Exchange MZN to PGK 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 MZN to PGK.

How to send money to Papua New Guinea?

If you want to send money from Mozambique - or anywhere else in the world - to Papua New Guinea, 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 Papua New Guinea - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Papua New Guinean kina and Mozambican Metical 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 Mozambican Metical to Papua New Guinean kina exchange rate with our handy tools, to help you compare your options.

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