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.

Thai Baht

Thai Baht

The baht (; Thai: บาท, pronounced [bàːt]; sign: ฿; code:100 THB) is the official currency of Thailand. It is subdivided into 100 satang (สตางค์, pronounced [sətāːŋ]). The issuance of currency is the responsibility of the Bank of Thailand. According to SWIFT, as of February 2017, the Thai baht is ranked as the 10th most frequently used world payment currency.According to a report in the South China Morning Post, the China Banknote Printing and Minting Corporation produces at least some Thai banknotes and coins.

1 Mozambican Metical to Thai Baht exchange rates chart

1 MZN to THB exchange rates graph
1 MZN to THB 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.

1 MZN to THB exchange rates table

Exchange MZN to THB
1 Mozambican Metical = 0.510 Thai Baht
2 Mozambican Metical = 1.020 Thai Baht
5 Mozambican Metical = 2.551 Thai Baht
10 Mozambican Metical = 5.101 Thai Baht
Exchange Mozambican Metical to Thai Baht
1 Mozambican Metical to Thai Baht 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.

1 MZN to THB 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
Thai top court orders compensation for Myanmar workers in landmark case

The workers complained about forced overtime, being paid less than the minimum wage, confiscation of passports, and limited freedom of movement

3 days indicative negative

1 MZN to THB currency converter