1,000 Nigerian Naira Exchange Mozambican Metical
Convert NGN to MZN at the actual exchange rate
Amount
Convert to
₦1.000 NGN = MT0.03792 MZN
10:11 UTCMid-Market Rate
The Currency Converter provides exchange rate information and the latest news, and is not a currency trading platform. Any information displayed here is not financial advice.
Nigerian NairaExchangeMozambican MeticalCurrency conversion table | |
---|---|
1 NGN | 0.03792 MZN |
5 NGN | 0.18960 MZN |
10 NGN | 0.37920 MZN |
20 NGN | 0.75840 MZN |
50 NGN | 1.89600 MZN |
100 NGN | 3.79200 MZN |
250 NGN | 9.48000 MZN |
500 NGN | 18.96000 MZN |
1000 NGN | 37.92000 MZN |
2000 NGN | 75.84000 MZN |
5000 NGN | 189.60000 MZN |
10000 NGN | 379.20000 MZN |
Mozambican MeticalExchangeNigerian NairaCurrency conversion table | |
---|---|
1 NGN | 26.37131 MZN |
5 NGN | 131.85654 MZN |
10 NGN | 263.71308 MZN |
20 NGN | 527.42616 MZN |
50 NGN | 1,318.56540 MZN |
100 NGN | 2,637.13080 MZN |
250 NGN | 6,592.82700 MZN |
500 NGN | 13,185.65401 MZN |
1000 NGN | 26,371.30802 MZN |
2000 NGN | 52,742.61603 MZN |
5000 NGN | 131,856.54008 MZN |
10000 NGN | 263,713.08017 MZN |
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FAQ
The Only Fair Exchange Rate: The Mid-Market Exchange Rate
Exchange rates don't have to be complicated. In fact, there's only one you need to worry about: the mid-market rate.
Banks and other providers set their own rates, so there is no universal rate. But in reality, there is a "real" rate. It's called the mid-market rate.
Generally speaking, bankers are willing to pay a certain price for a currency, and are willing to sell it for a certain price. The midpoint between these prices is the mid-market rate. Since this is the rate that the market naturally sets, it is the "truest" and fairest rate.