Currency.Wiki

1 Mozambican Metical to Australian Dollar

Updated 28 minutes ago
Convert 1 MZN:AUD
 MZN =
    AUD
 Mozambican Metical =  Australian Dollars
Trending: MTn exchange rates for the last 24 hours
  • MZN/USD 0.015649 0.00000000
  • MZN/EUR 0.014559 0.00004850
  • MZN/JPY 2.434528 0.09798668
  • MZN/GBP 0.012522 0.00013023
  • MZN/CHF 0.014214 0.00052110
  • MZN/MXN 0.264751 -0.00264947
  • MZN/INR 1.306628 0.00749235
  • MZN/BRL 0.079643 0.00213928
  • MZN/CNY 0.113061 0.00159781

MZN/AUD exchange rate analysis over the past 90 days

Mozambican Metical to Australian Dollar exchange rate: Over the last 90 days, the Mozambican Metical weakened by -0.88% against the Australian Dollar, declining from AU$0.0240 to AU$0.0238 per Mozambican Metical. This trend reflects the evolving economic dynamics between the Mozambique and the Australia, Christmas Island, Cocos (Keeling) Islands, Heard Island and McDonald Islands, Kiribati, Nauru, Norfolk Island, Tuvalu. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Mozambique and Australia, Christmas Island, Cocos (Keeling) Islands, Heard Island and McDonald Islands, Kiribati, Nauru, Norfolk Island, Tuvalu.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Mozambique and Australia, Christmas Island, Cocos (Keeling) Islands, Heard Island and McDonald Islands, Kiribati, Nauru, Norfolk Island, Tuvalu.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Mozambique or Australia, Christmas Island, Cocos (Keeling) Islands, Heard Island and McDonald Islands, Kiribati, Nauru, Norfolk Island, Tuvalu.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Mozambique relative to the Australia, Christmas Island, Cocos (Keeling) Islands, Heard Island and McDonald Islands, Kiribati, Nauru, Norfolk Island, Tuvalu.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

mzn/aud Historical Chart

MTn
Mozambican Metical Currency

Country: Mozambique

Symbol: MTn

ISO Code: MZN

Bank: Banco de Moçambique

Interesting fact about Mozambican Metical

The Mozambican Metical (MZN) is the official currency of Mozambique. It was introduced in 1980 to replace the Escudo, the previous currency. The Metical plays a crucial role in Mozambique's economy and is used for daily transactions and economic activities. It has undergone several devaluations and currency reforms throughout its history to maintain stability and adapt to the country's economic conditions.

AU$
Australian Dollar Currency

Country: Australia, Christmas Island, Cocos (Keeling) Islands, Heard Island and McDonald Islands, Kiribati, Nauru, Norfolk Island, Tuvalu

Symbol: AU$

ISO Code: AUD

Bank: Reserve Bank of Australia

Interesting fact about Australian Dollar

The Australian Dollar (AUD) is the official currency of Australia and is also used in Christmas Island, Cocos (Keeling) Islands, Heard Island and McDonald Islands, Kiribati, Nauru, Norfolk Island, and Tuvalu. Introduced in 1966, the AUD is a significant currency in these regions, facilitating trade and commerce while also being a symbol of national identity and economic stability.

Quick Conversion Guide

Frequently Asked Questions

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The Mozambican Metical to Australian Dollar exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 MZN to AUD is AU$0.02.
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Yes, our site provides historical charts that show the trends and fluctuations in the Mozambican Metical to Australian Dollar exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.