Convert MZN to PHP — live rate

Convert Mozambican Meticals to Philippine Pesos and compare the real cost of sending money.

MZN
PHP
1 MZN = 0.9327 PHP Mid-market rate
Updated just now
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Historical MZN/PHP exchange rate

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

Quick reference: MZN to PHP

1 MZN 0.93 PHP
5 MZN 4.66 PHP
10 MZN 9.33 PHP
50 MZN 46.64 PHP
100 MZN 93.27 PHP
500 MZN 466.37 PHP
1,000 MZN 932.73 PHP
5,000 MZN 4,663.66 PHP

Real cost of MZN → PHP

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 MZN
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

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
PHP — Philippine Peso
ISO Code PHP
Symbol
Central Bank Central Bank of the Philippines
Common Notes ₱20, ₱50, ₱100, ₱200, ₱500, ₱1000
Learn more about PHP

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