Currency.Wiki

1 Mozambican Metical to Canadian Dollar

Updated 8 minutes ago
Convert 1 MZN:CAD
 MZN =
    CAD
 Mozambican Metical =  Canadian Dollars
Trending: MTn exchange rates for the last 24 hours
  • MZN/USD 0.015649 0.00000000
  • MZN/EUR 0.014566 0.00005468
  • MZN/JPY 2.435518 0.09897632
  • MZN/GBP 0.012529 0.00013761
  • MZN/CHF 0.014217 0.00052404
  • MZN/MXN 0.265184 -0.00221637
  • MZN/INR 1.306565 0.00742974
  • MZN/BRL 0.079643 0.00213928
  • MZN/CNY 0.113070 0.00160720

MZN/CAD exchange rate analysis over the past 90 days

Mozambican Metical to Canadian Dollar exchange rate: Over the last 90 days, the Mozambican Metical strengthened by 1.74% against the Canadian Dollar, moving from CA$0.0211 to CA$0.0215 per Mozambican Metical. This trend reflects the evolving economic dynamics between the Mozambique and the Canada. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Mozambique and Canada.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Mozambique and Canada.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Mozambique or Canada.
  • Global Influences: Broader economic or geopolitical events that can impact both the Mozambique and the Canada.

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

mzn/cad 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.

CA$
Canadian Dollar Currency

Country: Canada

Symbol: CA$

ISO Code: CAD

Bank: Bank of Canada

Interesting fact about Canadian Dollar

The Canadian Dollar (CAD), Canada's official currency, is administered by the Bank of Canada. Established in 1858, the CAD supplanted numerous colonial currencies. Renowned for its stability and reliability, it is a cornerstone of Canada's economic framework, facilitating international trade and investments.

Quick Conversion Guide

Frequently Asked Questions

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The Mozambican Metical to Canadian 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 CAD is CA$0.02.
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Yes, our site provides historical charts that show the trends and fluctuations in the Mozambican Metical to Canadian 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.