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 = 0.537 Thai Baht
2 Mozambican Metical = 1.074 Thai Baht
5 Mozambican Metical = 2.684 Thai Baht
10 Mozambican Metical = 5.368 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: 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.

indicative neutral
Emerging Markets: The Real Pain Has Yet To Appear

Emerging markets will see significant losses in their currency levels, as they have already over the past year. Debt denominated in US dollars will need to be r

conditional positive
Thai listed property firms show financial growth in first nine months this year

MOST Thai listed property firms show strong growth in their financial results for the first nine months of this year, thanks to strong demand in the market.

indicative positive
Xiaomi to launch the Redmi Note 6 Pro on Nov 22 in India
Xiaomi to launch the Redmi Note 6 Pro on Nov 22 in India

Xiaomi is all set to add another smartphone to its extensive Redmi lineup in India. The company has sent out press invites for a launch event on the 22nd

conditional neutral
Redmi Note 6 Pro India launch set for November 22, Xiaomi shares media invite

Xiaomi Redmi Note 6 Pro will make its debut in India on November 22 and the company has sent out invites

conditional neutral
Thai EGCO to Buy Stake in South Korean CCGT

Thai independent power producer EGCO Group is to buy a 49% stake in Paju Energy Service, the operator of a natural-gas power plant in Paju City near Seoul.

conditional neutral

1 MZN to THB currency converter