Currency.Wiki

1 Mozambican Metical to Surinamese Dollar

Updated 14 minutes ago
Convert 1 MZN:SRD
 MZN =
    SRD
 Mozambican Metical =  Surinamese Dollars
Trending: MTn exchange rates for the last 24 hours
  • MZN/USD 0.015662 0.00000000
  • MZN/EUR 0.014433 0.00000387
  • MZN/JPY 2.464301 0.10788009
  • MZN/GBP 0.012296 -0.00004678
  • MZN/CHF 0.014131 0.00026667
  • MZN/MXN 0.266080 0.00049381
  • MZN/INR 1.307139 0.00859978
  • MZN/BRL 0.082166 0.00469695
  • MZN/CNY 0.111291 -0.00147220

MZN/SRD exchange rate analysis over the past 90 days

Mozambican Metical to Surinamese Dollar exchange rate: Over the last 90 days, the Mozambican Metical weakened by -10.14% against the Surinamese Dollar, declining from $0.5509 to $0.5002 per Mozambican Metical. This trend reflects the evolving economic dynamics between the Mozambique and the Suriname. Factors contributing to this weakening may include:

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

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

mzn/srd 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.

$
Surinamese Dollar Currency

Country: Suriname

Symbol: $

ISO Code: SRD

Bank: Central Bank of Suriname

Interesting fact about Surinamese Dollar

The Surinamese Dollar (SRD) is the official currency of Suriname. It was introduced in 2004 to replace the Surinamese Guilder, at a rate of 1 SRD to 1,000 SRR (old currency). The SRD is significant as it represents the economic stability of Suriname and is used for everyday transactions, including buying goods and services, paying bills, and conducting business in the country.

Quick Conversion Guide

Frequently Asked Questions

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The Mozambican Metical to Surinamese 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 SRD is $0.5.
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Yes, our site provides historical charts that show the trends and fluctuations in the Mozambican Metical to Surinamese 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.