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Egyptian pound to Mozambican metical Exchange Rate History - XTransfer

Egyptian pound to Mozambican metical Historical Exchange Rates

Welcome to the EGP to MZN exchange rate history page. This page contains detailed daily historical exchange rates between EGP and MZN from 2025-3-8 to 2026-04-29, making it easy to look up and reference.

Amount
Result

1 EGP = 1.20457 MZN

08:30 Exchange Rate

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1 Egyptian pound to Mozambican metical Historical Exchange Rate Trends

1 EGP = -- MZN

08:30 Exchange Rate

EGP - MZN+0%
7D
1M
3M
Invalid DateInvalid Date

1 Egyptian pound to Mozambican metical Data Statistics

This section organizes the historical exchange rate data of 1 EGP to MZN, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
1.20457
1.2337
1.2337
1.3945
Low
1.20457
1.20457
1.16693
1.16693
Average
1.20457
1.22143
1.20289
1.26482

Past 7 days historical exchange rates

Below are the daily average exchange rates of EGP to MZN for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of MZN to EGP, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

EGP to MZN - Last 7 Days

EGPEGPMZNMZN
2026-04-29
1.20457
EGPEGPMZNMZN
2026-04-28
1.21147
EGPEGPMZNMZN
2026-04-27
1.20949
EGPEGPMZNMZN
2026-04-26
1.21203
EGPEGPMZNMZN
2026-04-25
1.21203
EGPEGPMZNMZN
2026-04-24
1.2141
EGPEGPMZNMZN
2026-04-23
1.22306

MZN to EGP - Last 7 Days

MZNMZNEGPEGP
2026-04-29
0.83017
MZNMZNEGPEGP
2026-04-28
0.82544
MZNMZNEGPEGP
2026-04-27
0.82679
MZNMZNEGPEGP
2026-04-26
0.82506
MZNMZNEGPEGP
2026-04-25
0.82506
MZNMZNEGPEGP
2026-04-24
0.8237
MZNMZNEGPEGP
2026-04-23
0.81762

EGPEGP - Egyptian Pound

The Egyptian pound has been in circulation since 1834 and is one of the oldest currencies in Africa. The design of the Egyptian pound combines ancient Egyptian civilization with modern elements. As an important trade currency in the Middle East and North Africa, the Egyptian pound plays a vital role in the regional economy.

  • Supporting unit:1 pound = 100 piastres
  • Denomination of banknotes:5, 10, 20, 50, 100, 200 EGP
  • Reserve currency:No, it is primarily used for domestic circulation.
  • Banknote material:Pulp with anti-counterfeiting labels.
  • Metal composition:Copper-nickel alloy, stainless steel
  • Currency symbol:£ or E£
  • Paper currency size:Available in multiple sizes, with a maximum length of approximately 165mm.
  • language:en
  • Main unit:1 pound
  • ISO code:EGP
  • Currency name:Egyptian Pound
  • Exchange Rate System:The managed floating exchange rate system allows the Central Bank of Egypt to regulate the exchange rate.
  • Central Bank:Central Bank of Egypt
  • Safe-haven currency:No, the exchange rate is greatly influenced by the economy.
  • Coin denomination:5, 10, 20, 25 piastres, 1 pound
  • Countries of Use:The official currency of Egypt.
  • Cross-border payment:The SWIFT system supports international transactions, while the use of the Egyptian pound for cross-border transactions is restricted; the US dollar and euro are the primary settlement currencies.

MZNMZN - Mozambican Metical

The Metical is the official currency of Mozambique, introduced in 1980. It has facilitated the country’s economic recovery and infrastructure construction, supporting agricultural and mining development.

  • Supporting unit:1 Metical = 100 cents.
  • Denomination of banknotes:20, 50, 100, 200, 500, 1000 Medicarals
  • Reserve currency:No, the main reserve currencies are the US dollar, the euro, and the South African rand.
  • Banknote material:Mainly paper, with some small denominations made of polymer material.
  • Metal composition:Nickel-plated steel, copper alloys, stainless steel, etc.
  • Currency symbol:MT or MZN
  • Paper currency size:For example, 1000 meticards is approximately 140mm × 68mm.
  • language:en
  • Main unit:Metical
  • ISO code:MZN
  • Currency name:Mozambique Metical
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Mozambique Bank (Banco de Moçambique)
  • Safe-haven currency:No, it belongs to highly volatile emerging market currencies.
  • Coin denomination:1, 2, 5, 10 Medicar
  • Countries of Use:Mozambique is the only country where it is used officially.
  • Cross-border payment:MZN can be transferred internationally through the SWIFT network, but its cross-border liquidity is relatively low, often settled using US dollars or South African rand as intermediary currencies.

FAQ

Based on the historical patterns of Egyptian pound to Mozambican metical, is now a good time to exchange?

To judge the timing for exchanging Egyptian pound to Mozambican metical, one must compare current rates with the average over the past year or even five years. If the current Egyptian pound rate is well above the historical average, it usually means EGP is in a strong period, making it a good window for settlement into MZN. Conversely, if Egyptian pound is at a historical low, it is recommended for exporters to hold EGP in batches and avoid the troughs to minimize losses when converting to MZN.

What are the main reasons affecting the historical volatility of EGP to MZN recently?

The core factor affecting the historical volatility of Egyptian pound to Mozambican metical recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of EGP tends to increase, leading to a significant rise in its historical exchange rate against MZN. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for EGP, thereby intensifying the frequency of two-way volatility between Egyptian pound and Mozambican metical.

Has EGP experienced a sharp plunge against MZN before? How can I protect myself?

Historically, Egyptian pound against Mozambican metical has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Egyptian pound exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of EGP to MZN within an acceptable trade cost range.

Is the current exchange rate of Egyptian pound to Mozambican metical considered a historical high or low?

To evaluate the current level of EGP to MZN, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if Egyptian pound is approaching a historical resistance level. If the current EGP price has broken through highs from years ago, it indicates that EGP is at an extreme high; exchanging Egyptian pound to Mozambican metical now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Egyptian pound to Mozambican metical?

AI predictions for EGP to MZN are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of EGP through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Egyptian pound to Mozambican metical should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.