1 Mozambican Metical to Euro
MZN/EUR exchange rate analysis over the past 90 days
Mozambican Metical to Euro exchange rate: Over the last 90 days, the Mozambican Metical weakened by -0.70% against the Euro, declining from €0.0145 to €0.0144 per Mozambican Metical. This trend reflects the evolving economic dynamics between the Mozambique and the European Union. Factors contributing to this weakening may include:
- Trade Imbalances: Disparities in trade and investment between Mozambique and European Union.
- Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Mozambique and European Union.
- Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Mozambique or European Union.
- Global Pressures: External economic or geopolitical events that may unfavorably impact the Mozambique relative to the European Union.
The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.
mzn/eur Historical Chart
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.
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.
MTn1 Mozambican Metical | € 0.01 Euros |
MTn10 Mozambican Meticals | € 0.14 Euros |
MTn20 Mozambican Meticals | € 0.29 Euros |
MTn30 Mozambican Meticals | € 0.43 Euros |
MTn40 Mozambican Meticals | € 0.58 Euros |
MTn50 Mozambican Meticals | € 0.72 Euros |
MTn60 Mozambican Meticals | € 0.86 Euros |
MTn70 Mozambican Meticals | € 1.01 Euros |
MTn80 Mozambican Meticals | € 1.15 Euros |
MTn90 Mozambican Meticals | € 1.29 Euros |
MTn100 Mozambican Meticals | € 1.44 Euros |
MTn200 Mozambican Meticals | € 2.88 Euros |
MTn300 Mozambican Meticals | € 4.32 Euros |
MTn400 Mozambican Meticals | € 5.76 Euros |
MTn500 Mozambican Meticals | € 7.19 Euros |
MTn600 Mozambican Meticals | € 8.63 Euros |
MTn700 Mozambican Meticals | € 10.07 Euros |
MTn800 Mozambican Meticals | € 11.51 Euros |
MTn900 Mozambican Meticals | € 12.95 Euros |
MTn1000 Mozambican Meticals | € 14.39 Euros |
MTn2000 Mozambican Meticals | € 28.78 Euros |
MTn3000 Mozambican Meticals | € 43.16 Euros |
MTn4000 Mozambican Meticals | € 57.55 Euros |
MTn5000 Mozambican Meticals | € 71.94 Euros |
€1 Euro | MTn 69.5 Mozambican Meticals |
€10 Euros | MTn 695.02 Mozambican Meticals |
€20 Euros | MTn 1390.04 Mozambican Meticals |
€30 Euros | MTn 2085.07 Mozambican Meticals |
€40 Euros | MTn 2780.09 Mozambican Meticals |
€50 Euros | MTn 3475.11 Mozambican Meticals |
€60 Euros | MTn 4170.13 Mozambican Meticals |
€70 Euros | MTn 4865.15 Mozambican Meticals |
€80 Euros | MTn 5560.18 Mozambican Meticals |
€90 Euros | MTn 6255.2 Mozambican Meticals |
€100 Euros | MTn 6950.22 Mozambican Meticals |
€200 Euros | MTn 13900.44 Mozambican Meticals |
€300 Euros | MTn 20850.66 Mozambican Meticals |
€400 Euros | MTn 27800.89 Mozambican Meticals |
€500 Euros | MTn 34751.11 Mozambican Meticals |
€600 Euros | MTn 41701.33 Mozambican Meticals |
€700 Euros | MTn 48651.55 Mozambican Meticals |
€800 Euros | MTn 55601.77 Mozambican Meticals |
€900 Euros | MTn 62551.99 Mozambican Meticals |
€1000 Euros | MTn 69502.21 Mozambican Meticals |
€2000 Euros | MTn 139004.43 Mozambican Meticals |
€3000 Euros | MTn 208506.64 Mozambican Meticals |
€4000 Euros | MTn 278008.86 Mozambican Meticals |
€5000 Euros | MTn 347511.07 Mozambican Meticals |