Explore the Currency Pair MZN/MYR

The currency pair MZN/MYR represents the exchange rate between the Mozambican metical (MZN) and the Malaysian ringgit (MYR). These two currencies are important for trade and investments between the two countries and can be influenced by a variety of economic factors.

About the Mozambican Metical (MZN)

The Mozambican metical (MZN) is the official currency of Mozambique. It was introduced in 1980, replacing the previous currency, the escudo. The metical is subdivided into 100 centavos. Being a currency in a developing market, MZN can be subject to high volatility and strongly influenced by the country's economic and political situation.

About the Malaysian Ringgit (MYR)

The Malaysian ringgit (MYR) is the official currency of Malaysia. It was introduced in 1967, replacing the former Malaysian dollar. The ringgit is subdivided into 100 sen. Malaysia has a strong and diversified economy, making MYR a relatively stable currency compared to others in the region. The exchange rate of MYR is influenced by the country's exports, especially in electronics and commodities such as palm oil and natural gas.

Convert Between MZN and MYR

To convert between the Mozambican metical (MZN) and the Malaysian ringgit (MYR), you can use our convenient currency converter on this page. Follow these simple steps:

1. Enter the amount you want to convert.
2. Select the original currency (MZN or MYR).
3. Choose the target currency (MZN or MYR).
4. The conversion will then happen automatically.

In addition to MZN and MYR, you can also convert between a variety of other currencies. A historical overview of the exchange rate for MZN/MYR is also provided to give you a better understanding of the currency pair's movements over time.

Historical Exchange Rates

The chart below displays historical exchange rates for the currency pair MZN/MYR. This can give you insight into how the currencies have performed relative to each other over time and help you make informed decisions when converting or investing.