Convert PHP to MZN — live rate

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

PHP
MZN
1 PHP = 1.0685 MZN • Mid-market rate
Updated just now
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Historical PHP/MZN exchange rate

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

Quick reference: PHP to MZN

1 PHP → 1.07 MZN
5 PHP → 5.34 MZN
10 PHP → 10.68 MZN
50 PHP → 53.42 MZN
100 PHP → 106.85 MZN
500 PHP → 534.24 MZN
1,000 PHP → 1,068.47 MZN
5,000 PHP → 5,342.35 MZN

Real cost of PHP → 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 PHP
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

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
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.