LocalExchangeRates.com

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

Date generated:

Mid-Market Rate: 1 UGX = 0.0160 MZN

Real-Time Interbank Wholesale Feed: October 6, 2026

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

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 UGX in MZN?

1 UGX = 0.0160 MZN

At the current mid-market wholesale exchange rate, converting 1,000 Ugandan Shilling (UGX) yields approximately 16.03 Mozambican Metical (MZN) (inverse rate: 1 MZN = 62.3998 UGX). 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): UGX

You Receive (Estimate): MZN

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

Kurs rynkowy: 1 UGX = 0.0160 MZN

Kurs odwrotny: 1 MZN = 62.3998 UGX

Status danych: Live Data (Redis)

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

UGX to MZN Real-Time & Historical Rate Chart

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

Period High

0.0162 MZN

Period Low

0.0158 MZN

Volatility / Avg

0.0160 MZN

Mid-Market Trend

+0.25%

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

Min: 0.0158 MZN

Max: 0.0162 MZN

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

Min: 0.0155 MZN

Max: 0.0166 MZN

Standard Denomination Conversion Matrix (UGX & MZN)

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

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

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

Provider / Channel	UGX/MZN Effective Exchange Rate	Estimated Fee	Estimated Received (MZN)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	0.0160 MZN	0.00%	80.13 MZN	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	0.0155 MZN	~3.50%	77.32 MZN	-2.80 MZN
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	0.0144 MZN	~10.00%	72.12 MZN	-8.01 MZN

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

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

🌏 International Transfers & Travel (Uganda ↔ Mozambique)

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 Uganda (BoU) and Bank of Mozambique shape the medium-to-long term valuation of UGX/MZN.

UGX and MZN Currency Profiles

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

How the UGX to MZN Exchange Rate Works

Foreign exchange transactions between Uganda (UGX) and Mozambique (MZN) 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 UGX and MZN:

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 Uganda (BoU) and Bank of Mozambique serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Uganda and Mozambique 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 (MZN) 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: Ugandan Shilling to Mozambican Metical Conversion

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

How much is 1,000 UGX in MZN today?

At the current mid-market exchange rate (1 UGX = 0.0160 MZN), 1,000 Ugandan Shilling equals approximately 16.03 Mozambican Metical. 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 Ugandan Shilling?

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 UGX?

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 Uganda (BoU)) 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.