Mozambican Metical

Mozambican Metical

The metical (plural: meticais) is the currency of Mozambique, abbreviated with the symbol MZN or MT. It is nominally divided into 100 centavos. The name metical comes from Arabic مثقال (mithqāl), a unit of weight and an alternative name for the gold dinar coin that was used throughout much of Africa until the 19th century.

Saudi Arabian Riyal

Saudi Arabian Riyal

The Saudi riyal (Arabic: ريال‎ riyāl); is the currency of Saudi Arabia. It is abbreviated as ر.س or SR (Saudi riyal). It is subdivided into 100 halalas (Arabic: هللة‎ Halalah).

16 Mozambican Metical to Saudi Arabian Riyal exchange rates chart

16 MZN to SAR exchange rates graph
16 MZN to SAR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

16 MZN to SAR exchange rates table

Exchange MZN to SAR
16 Mozambican Metical = 0.971 Saudi Arabian Riyal
32 Mozambican Metical = 1.941 Saudi Arabian Riyal
80 Mozambican Metical = 4.853 Saudi Arabian Riyal
160 Mozambican Metical = 9.705 Saudi Arabian Riyal
Exchange Mozambican Metical to Saudi Arabian Riyal
16 Mozambican Metical to Saudi Arabian Riyal Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

16 MZN to SAR exchange rates news

Mozambique: The anatomy of corruption | Southern Africa

The Africa Report shines a light on how an African government crafted a shady deal, with the help of international contractors and big banks, that the country’s citizens will be paying for over decades to come

about 2 months conditional neutral
Mozambique: Central Bank Leaves Interest Rates Unchanged

The Monetary Policy Committee of the Bank of Mozambique, at a meeting on Monday, decided to keep the central bank's benchmark interest rate unchanged at 15 per cent.

2 months indicative neutral
Mozambican SOEs fail to account for $500m | IOL Business Report

Loans are being investigated

over 1 year conditional neutral
Iranian rial hits record low of 170,000 to the dollar

LONDON: The Iranian rial hit a record low against the US dollar on the unofficial market on Wednesday, the local Tasnim news agency reported, amid a deterioration in the economic situation in Iran and the reimposition of sanctions by Washington. The dollar was being offered for as much as 170,000 rials, according to Tasnim. The rial has lost approximately 75 percent of its

5 days conditional neutral
Top bank boosts Egypt, Gulf falls in thin trade

Egypt’s blue-chip stock index rose sharply on Wednesday, boosted by its biggest bank, while all major Gulf markets were weak, with some investors away on year-end holidays.

14 days conditional neutral
Super Eagles forward wins Player of the Week in Saudi Arabia

Ahmed Musa has been rewarded for his outstanding performances for Al Nassr in the month of September.

19 days indicative positive

16 MZN to SAR currency converter