Convert MZN to PHP — live rate

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

MZN
PHP
1 MZN = 0.9802 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 → 0.98 PHP
5 MZN → 4.90 PHP
10 MZN → 9.80 PHP
50 MZN → 49.01 PHP
100 MZN → 98.02 PHP
500 MZN → 490.08 PHP
1,000 MZN → 980.17 PHP
5,000 MZN → 4,900.84 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.