Overall best option: Wise
Of the 5 companies that support MZN to ZAR, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 100% of Mozambique to South Africa searches, consistently scoring as one of the best ways to send MZN to ZAR.
So for a great mix of cost, speed & features, send Mozambique Meticals to South Africa using Wise.
Compare for the best deal on your Mozambique to South Africa transfer
Transfer consider from Mozambique to South Africa
A comparison of providers offering services between Mozambique and South Africa is paramount. Based on your specific transfer amount, the best way to send money to South Africa could change. Comparing ensures the best price for your needs.
For services allowing you to send Mozambique Metical to South Africa we've compared 5 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from Mozambique.
Overall, we rated Wise as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Mozambique to South Africa.
Cheapest way to transfer money from Mozambique to South Africa: Wise
Data collected over the past six months shows that Wise is 0% cheaper than the second-best option.
This includes an average transfer fee of 31.78* MZN an exchange rate for buying Rand with Mozambique Meticals that is 0% different to the mid-market rate.
If you want to secure the best rates on transfers from Mozambique to South Africa, Wise will result in the most Rand received.
*The most common fee applied to MZN-ZAR by Wise, based on data from the past six months.
Fastest way to transfer money from Mozambique to South Africa: Wise
Our data shows that Wise came up as the fastest option for sending Mozambique Metical into Rand in 81.8% of searches. This makes them well suited to urgent MZN to ZAR money transfers.
The average fee for a MZN-Rand transfer through Wise is 21.07 MZN.
To get the 'fastest' option we compared 5 providers for overall speed of sending money from Mozambique to South Africa - this includes depositing Mozambique Metical, transfer times, withdrawal timeframes in South Africa.
When speed matters, Wise is your best choice for sending into South Africa from Mozambique.
Need to make a large transfer?
Wise is the best option for large transfers of the 5 providers compared.
While Wise may not always be the cheapest or fastest way to send MZN from Mozambique to South Africa, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of sending money from Mozambique to South Africa
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Mozambique to South Africa.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Rand for your Mozambique Metical. The current MZN-ZAR mid-market rate is 0.2969 ZAR per Mozambique Metical.
This rate changes regularly so it can pay to track it. For comparison, the MZN-ZAR mid-market rate for the past three months has averaged 0.2802 ZAR per Mozambique Metical, with a low of 0.2687 and a high of 0.2951.
Wise is currently offering the best exchange rate from the 5 companies compared.
Often the MZN-ZAR exchange rate you pay is the biggest cost factor when transferring Mozambique Meticals to South Africa.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Mozambique Metical you’re sending to South Africa. Wise currently has the lowest fees for transfers into ZAR at an average of 31.78 MZN over the last 6 months. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Rand is the biggest indicator of the total cost of sending money to South Africa from Mozambique. The bigger the amount received in South Africa, the lower the overall cost of sending from Mozambique.
Getting the best exchange rate for Mozambique Metical to Rand
Tracking the mid-market rate can make a huge difference when sending money MZN to ZAR. The exchange rate you secure impacts how much ZAR you get for your MZN.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from MZN to ZAR has seen some fluctuation. On average, it has been 0.2802.
During this period, the highest value level was 0.2951, with a low of 0.2687.
Wise, which is our recommended service to send money online from Mozambique to South Africa offers an exchange rate that is only 0% above the mid-market rate.
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Funding your Mozambique to South Africa money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between South Africa and Mozambique.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Mozambique to South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MZN to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.