LocalExchangeRates.com

Official Rate Sheet: Mozambican Metical (MZN) / Ugandan Shilling (UGX)

Date generated:

Mid-Market Rate: 1 MZN = 62.3998 UGX

Real-Time Interbank Wholesale Feed: October 6, 2026

Mozambican Metical to Ugandan Shilling Exchange Rate (MZN to UGX)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 MZN in UGX?

1 MZN = 62.3998 UGX

At the current mid-market wholesale exchange rate, converting 1,000 Mozambican Metical (MZN) yields approximately 62,399.77 Ugandan Shilling (UGX) (inverse rate: 1 UGX = 0.0160 MZN). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.

You Pay (Amount): MZN

You Receive (Estimate): UGX

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 MZN = 62.3998 UGX

Kurs odwrotny: 1 UGX = 0.0160 MZN

Status danych: Live Data (Redis)

Looking for reverse calculation? Check UGX to MZN (Ugandan Shilling to Mozambican Metical) Live Converter →

MZN to UGX Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Mozambican Metical against Ugandan Shilling

Period High

63.1486 UGX

Period Low

61.6510 UGX

Volatility / Avg

62.3998 UGX

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 61.6510 UGX

Max: 63.1486 UGX

52-Week Range (1Y) Current Position: 65% Range

Min: 60.2158 UGX

Max: 64.5838 UGX

Standard Denomination Conversion Matrix (MZN & UGX)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

Mozambican Metical → Ugandan Shilling (MZN / UGX)

Wholesale Benchmark

Mozambican Metical (MZN)	Ugandan Shilling (UGX)
1 MZN	62.40 UGX
5 MZN	312.00 UGX
10 MZN	624.00 UGX
25 MZN	1,559.99 UGX
50 MZN	3,119.99 UGX
100 MZN	6,239.98 UGX
200 MZN	12,479.95 UGX
250 MZN	15,599.94 UGX
500 MZN	31,199.89 UGX
1,000 MZN	62,399.77 UGX
2,500 MZN	155,999.44 UGX
5,000 MZN	311,998.87 UGX
10,000 MZN	623,997.75 UGX

Ugandan Shilling → Mozambican Metical (UGX / MZN)

Wholesale Benchmark

Ugandan Shilling (UGX)	Mozambican Metical (MZN)
1 UGX	0.02 MZN
5 UGX	0.08 MZN
10 UGX	0.16 MZN
25 UGX	0.40 MZN
50 UGX	0.80 MZN
100 UGX	1.60 MZN
200 UGX	3.21 MZN
250 UGX	4.01 MZN
500 UGX	8.01 MZN
1,000 UGX	16.03 MZN
2,500 UGX	40.06 MZN
5,000 UGX	80.13 MZN
10,000 UGX	160.26 MZN

Provider / Channel	MZN/UGX Effective Exchange Rate	Estimated Fee	Estimated Received (UGX)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	62.3998 UGX	0.00%	311,998.87 UGX	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	60.2158 UGX	~3.50%	301,078.91 UGX	-10,919.96 UGX
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	56.1598 UGX	~10.00%	280,798.99 UGX	-31,199.89 UGX

1 MZN to UGX: Mozambican Metical to Ugandan Shilling Exchange Guide

Searches for 1 MZN to UGX or convert MZN to UGX describe the amount of Ugandan Shilling received per 1 Mozambican Metical. At today's wholesale baseline of 1 MZN = 62.3998 UGX (inverse: 1 UGX = 0.0160 MZN), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Mozambique ↔ Uganda)

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Bank of Mozambique and Bank of Uganda (BoU) shape the medium-to-long term valuation of MZN/UGX.

MZN and UGX Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for Mozambique and Uganda.

How the MZN to UGX Exchange Rate Works

Foreign exchange transactions between Mozambique (MZN) and Uganda (UGX) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between MZN and UGX:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Bank of Mozambique and Bank of Uganda (BoU) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Mozambique and Uganda exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (UGX) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: Mozambican Metical to Ugandan Shilling Conversion

Common questions regarding Mozambican Metical to Ugandan Shilling conversion, bank spreads, and transfer costs.

How much is 1,000 MZN in UGX today?

At the current mid-market exchange rate (1 MZN = 62.3998 UGX), 1,000 Mozambican Metical equals approximately 62,399.77 Ugandan Shilling. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for Mozambican Metical?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with MZN?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Bank of Mozambique) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.