Currency.Wiki

1 Mozambican Metical to British Pound Sterling

Updated 44 seconds ago
Convert 1 MZN:GBP
 MZN =
    GBP
 Mozambican Metical =  British Pounds Sterling
Trending: MTn exchange rates for the last 24 hours
  • MZN/USD 0.015648 -0.00001348
  • MZN/EUR 0.014383 -0.00010554
  • MZN/JPY 2.436997 0.08820697
  • MZN/GBP 0.012314 -0.00009140
  • MZN/CHF 0.014228 0.00041501
  • MZN/MXN 0.259756 -0.00746603
  • MZN/INR 1.302901 0.00506522
  • MZN/BRL 0.079845 0.00266613
  • MZN/CNY 0.110984 -0.00163670

MZN/GBP exchange rate analysis over the past 90 days

Mozambican Metical to British Pound Sterling exchange rate: Over the last 90 days, the Mozambican Metical weakened by -0.74% against the British Pound Sterling, declining from £0.0124 to £0.0123 per Mozambican Metical. This trend reflects the evolving economic dynamics between the Mozambique and the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Mozambique and United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Mozambique and United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Mozambique or United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Mozambique relative to the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.

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

mzn/gbp 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.

£
British Pound Sterling Currency

Country: United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey

Symbol: £

ISO Code: GBP

Bank: Bank of England

Interesting fact about British Pound Sterling

The British Pound Sterling (GBP) is the currency of the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, and Guernsey. With a long history dating back to the 8th century, it has played a significant role in global trade and the UK's economy. As one of the world's major currencies, the GBP remains an important symbol of economic strength and stability in these regions.

Quick Conversion Guide

Frequently Asked Questions

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The Mozambican Metical to British Pound Sterling 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 GBP is £0.01.
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Yes, our site provides historical charts that show the trends and fluctuations in the Mozambican Metical to British Pound Sterling 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.