MZN to PHP Exchange Rate - Convert Mozambican metical to Philippine Peso

Converting from Mozambican Metical (MZN) to Philippine Peso (PHP)

What is Mozambican Metical (MZN)

The Mozambican metical (MZN) is the official currency of Mozambique, a country located in southeastern Africa. The metical has been in use since 1980 and has undergone several changes over the years. The currency is subdivided into 100 centavos, although smaller denominations of centavos are not commonly used in everyday transactions.

The name "metical" is derived from an Arabic term "mtql," which means "measured." The currency symbol for the metical is MZN, often denoted with an "MT" when referencing amounts. The notes come in various denominations, including 20, 50, 100, 200, 500, and 1,000 meticais. The design of the currency notes prominently features important historical figures, cultural symbols, and the rich biodiversity found in Mozambique.

The value of the metical can fluctuate based on various economic factors, including inflation rates, interest rates, and overall economic stability in Mozambique. Thus, staying updated with current exchange rates is essential for anyone involved in trade, travel, or investment between Mozambique and other countries.

What is Philippine Peso (PHP)

The Philippine peso (PHP) is the official currency of the Philippines. It is also known by its local term "piso." The Philippine peso has a long history, with its roots tracing back to the Spanish colonial period. The currency symbol for the peso is often represented as "₱" and is subdivided into 100 centavos.

Current denominations of the Philippine peso include banknotes in amounts of 20, 50, 100, 200, 500, and 1,000 pesos. The design of these notes often features notable Filipino personalities as well as important historical events and symbols, reflecting the rich culture and heritage of the country.

The peso’s value, like any currency, is influenced by multiple factors, including the performance of the Philippine economy, inflation rates, and foreign exchange market conditions. Regularly checking the exchange rate between the peso and other currencies, such as the Mozambican metical, is crucial for travelers, importers, and exporters who engage with Mozambique.

Converting MZN to PHP

To convert from Mozambican metical (MZN) to Philippine peso (PHP), one must refer to the current exchange rate. This rate indicates how much one currency is worth in terms of another and can vary from one financial institution to another.

For instance, if the exchange rate is determined to be

1 MZN = 0.028 PHP

, and you have 1,000 MZN, the conversion can be calculated as:

1,000 MZN × 0.028 PHP/MZN = 28 PHP

In practice, always account for potential transaction fees when converting currencies, as financial institutions may charge a fee or offer a different rate than the market value. Whether traveling, investing, or trading, understanding these currencies and their value in real-time is essential.

Mozambican metical to Philippine Peso conversion table

MZN to PHP conversion table

Mozambican metical (MZN)Philippine Peso (PHP)
1 MZN0.87110621382 PHP
2 MZN1.74221242763 PHP
3 MZN2.61331864145 PHP
4 MZN3.48442485527 PHP
5 MZN4.35553106909 PHP
6 MZN5.2266372829 PHP
7 MZN6.09774349672 PHP
8 MZN6.96884971054 PHP
9 MZN7.83995592435 PHP
10 MZN8.71106213817 PHP
100 MZN87.11062138172 PHP
200 MZN174.22124276344 PHP
300 MZN261.33186414516 PHP
400 MZN348.44248552688 PHP
500 MZN435.5531069086 PHP
600 MZN522.66372829032 PHP
700 MZN609.77434967204 PHP
800 MZN696.88497105376 PHP
900 MZN783.99559243548 PHP
1 000 MZN871.1062138172 PHP
2 000 MZN1 742.21242763441 PHP
5 000 MZN4 355.53106908602 PHP
10 000 MZN8 711.06213817204 PHP
20 000 MZN17 422.12427634408 PHP
50 000 MZN43 555.3106908602 PHP
100 000 MZN87 110.6213817204 PHP
Last updated May 16, 2025 at 09:55 PM