The hydrodynamic characteristics of Multistage Mixer-Settlers were studied by establishing a mathematical model based on the assumptions of complete mixing in the mixer and plug flow with CSTR recirculation in the settler. The model parameters were determined by the moment and time lag matching and experiments were carried out with a water-kerosene system by obtaining residence time distributions for both phases using impulse response technique. The suggested model well predicted the experimental results within the experimental error range, while the other existing models were found to be too idealized to depict the dynamic characteristics of this equipment.