Currency.Wiki

1 Mozambican Metical to Euro

Updated 22 minutes ago
Convert 1 MZN:EUR
 MZN =
    EUR
 Mozambican Metical =  Euros
Trending: MTn exchange rates for the last 24 hours
  • MZN/USD 0.015662 0.00000613
  • MZN/EUR 0.014575 0.00004887
  • MZN/JPY 2.436186 0.09935927
  • MZN/GBP 0.012532 0.00012703
  • MZN/CHF 0.014223 0.00054753
  • MZN/MXN 0.264552 -0.00391767
  • MZN/INR 1.307237 0.00809358
  • MZN/BRL 0.079682 0.00150907
  • MZN/CNY 0.113161 0.00175858

MZN/EUR exchange rate analysis over the past 90 days

Mozambican Metical to Euro exchange rate: Over the last 90 days, the Mozambican Metical strengthened by 0.34% against the Euro, moving from €0.0145 to €0.0146 per Mozambican Metical. This trend reflects the evolving economic dynamics between the Mozambique and the European Union. Factors influencing this rate may include:

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

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

mzn/eur 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.

Euro Currency

Country: European Union

Symbol:

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro (EUR) is the official currency of the European Union (EU). It was introduced in 1999 as an electronic currency and became physical in 2002. The Euro is used by 19 of the 27 EU member states, promoting economic integration, trade, and stability within the Eurozone. It is an important symbol of European unity and facilitates cross-border transactions, making it a key currency globally.

Quick Conversion Guide

Frequently Asked Questions

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The Mozambican Metical to Euro 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 EUR is €0.01.
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Yes, our site provides historical charts that show the trends and fluctuations in the Mozambican Metical to Euro 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.