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Currency & Exchange

Currency of Mozambique: Mozambican Metical

MaputoLocal time

Mozambican Metical · MZN · National

Mozambican Metical
ISO MZN · MOZAMBIQUE
Mozambican Metical
ISO codeMZN
Monetary authorityBank of Mozambique
MZN
ISO 4217 code
Currency identifier
1
Currencies with an official role
National
MZN
Display identifier
ISO code used where a standalone symbol is not shown
Time-sensitive
Exchange-rate context
Check the rate date and source
CurrencyMozambican Metical
ISO codeMZN
Largest note1,000 MT
Largest coin10 MT
Current note series2024 Metical series

Who Issues Mozambican Metical in Mozambique

Mozambican Metical (MZN) is the national monetary unit used in Mozambique. It is administered through Bank of Mozambique, while 943 is its ISO 4217 numeric identifier.

In the Mozambique context, Bank of Mozambique manages the monetary framework for the Mozambican Metical in Mozambique. MZN is therefore a nationally administered currency rather than an externally issued unit. That preserves the observation easy to date.

Currency architectureNational
Primary currencyMozambican Metical (MZN)
Monetary authorityBank of Mozambique

Exchange Rate for MZN

When reading an MZN conversion, the useful benchmark is a dated MZN observation with its currency pair stated explicitly. Reference observations are benchmarks, not guaranteed retail transaction prices.

Latest available reference rate*Loading...
Checking USD/MZN
Latest official/reference observation where supported. Source and date are shown after loading; this is not a trading quote.
=

In the Mozambique context, compare like with like by using the same pair and roughly the same observation time. Reference observations are benchmarks, not guaranteed retail transaction prices.

Banknotes and Coins

Banknotes

Banco de Moçambique's 2024 series keeps six banknote denominations: 20, 50 and 100 meticais in polymer, and 200, 500 and 1,000 meticais on paper.

20 MT
50 MT
100 MT
200 MT
500 MT
1,000 MT

Coins

The 2024 series reduced the coin set to seven denominations: 1, 10 and 50 centavos plus 1, 2, 5 and 10 meticais.

1 centavo
10 centavos
50 centavos
1 MT
2 MT
5 MT
10 MT

Frequently Asked Questions

What currency is used in Mozambique?

When an MZN rate is shown, the Mozambican Metical (MZN) is the national currency, with Bank of Mozambique responsible for the domestic monetary framework. The wording keeps the comparison internally consistent.

Who manages the currency system in Mozambique?

Bank of Mozambique is the main monetary authority identified for Mozambique.

Are the exchange rates for Mozambique real-time?

In Mozambique, the converter uses the latest available reference observation for a supported pair and displays its observation date. It should not be read as a live executable quote. The presentation keeps the comparison internally consistent.

Data note: Figures marked with * are sourced from external institutions or data providers and may change after publication. Exchange rates, payment statistics and other time-sensitive figures are provided for general reference and may not reflect current market, bank, card-network or transaction rates. DigifyWorld aims to use reliable sources and keep information current, but cannot guarantee that all data is complete, real-time or 100% accurate. Check the cited source or relevant monetary authority when making financial decisions.

More about Mozambique

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Sources & methodology

Bank of Mozambique is the principal reference used here for institutional facts about Mozambican Metical in Mozambique. MZN is identified under ISO 4217, and any dated conversion observation is presented independently of the monetary-system description. This provides a clear reference point.

View sources used for this page
Exchange-rate note: the MZN converter for Mozambique requests a supported reference-rate source and displays the observation date. If no supported observation is available, the converter shows that a reference rate is unavailable instead of estimating one.