Convert NGN to MZN — live rate

Convert Nigerian Nairas to Mozambican Meticals and compare the real cost of sending money.

NGN
MZN
1 NGN = 0.0456 MZN Mid-market rate
Updated just now
Compare transfers for NGN → MZN
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Historical NGN/MZN exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: NGN to MZN

1 NGN 0.05 MZN
5 NGN 0.23 MZN
10 NGN 0.46 MZN
50 NGN 2.28 MZN
100 NGN 4.56 MZN
500 NGN 22.82 MZN
1,000 NGN 45.64 MZN
5,000 NGN 228.22 MZN

Real cost of NGN → MZN

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 NGN
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

NGN — Nigerian Naira
ISO Code NGN
Symbol
Central Bank Central Bank of Nigeria
Common Notes ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000
Learn more about NGN
MZN — Mozambican Metical
ISO Code MZN
Symbol MT
Central Bank Banco de Moçambique
Common Notes MT20, MT50, MT100, MT200, MT500, MT1000
Learn more about MZN

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.