Currency.Wiki

1 Mozambican Metical to Hong Kong Dollar

Updated 2 minutes ago
Convert 1 MZN:HKD
 MZN =
    HKD
 Mozambican Metical =  Hong Kong Dollars
Trending: MTn exchange rates for the last 24 hours
  • MZN/USD 0.015649 0.00000000
  • MZN/EUR 0.014574 0.00006340
  • MZN/JPY 2.438279 0.10173733
  • MZN/GBP 0.012540 0.00014854
  • MZN/CHF 0.014218 0.00052477
  • MZN/MXN 0.265017 -0.00238363
  • MZN/INR 1.306700 0.00756501
  • MZN/BRL 0.079670 0.00216588
  • MZN/CNY 0.113072 0.00160876

MZN/HKD exchange rate analysis over the past 90 days

Mozambican Metical to Hong Kong Dollar exchange rate: Over the last 90 days, the Mozambican Metical weakened by -0.04% against the Hong Kong Dollar, declining from HK$0.1224 to HK$0.1223 per Mozambican Metical. This trend reflects the evolving economic dynamics between the Mozambique and the Hong Kong. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Mozambique and Hong Kong.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Mozambique and Hong Kong.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Mozambique or Hong Kong.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Mozambique relative to the Hong Kong.

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

mzn/hkd 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.

HK$
Hong Kong Dollar Currency

Country: Hong Kong

Symbol: HK$

ISO Code: HKD

Bank: Hong Kong Monetary Authority

Interesting fact about Hong Kong Dollar

The Hong Kong Dollar (HKD) is the official currency of Hong Kong. Its history dates back to 1863 when it was first introduced as a result of Hong Kong becoming a British colony. The HKD is pegged to the US Dollar and is managed by the Hong Kong Monetary Authority. It plays a crucial role in Hong Kong's economy, functioning as a widely accepted payment method and facilitating international trade.

Quick Conversion Guide

Frequently Asked Questions

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The Mozambican Metical to Hong Kong 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 HKD is HK$0.12.
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Yes, our site provides historical charts that show the trends and fluctuations in the Mozambican Metical to Hong Kong 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.