Key facts
- Code
- MZN (numeric: 943 )
- Plural
- meticais
- Symbol
- MT, MTn
- 1 100
- centavo
- Banknotes
- 20, 50, 100, 200, 500, 1000 meticais
- Freq used
- 1, 10, 50 centavos, 1, 2, 5, 10 meticais
- Rarely used
- 5, 20 centavos (discontinued, still legal tender)
- User s
- Mozambique
- Central bank
- Bank of Mozambique
- Website
- www .bancomoc .mz
- Inflation
- 10.3%
- Source
- 2023 est.
via Wikipedia infobox
Article
The metical (/ˈmɛtɪˌkæl/; plural: meticais) is the currency of Mozambique, abbreviated with the symbol MZN or MT. It is nominally divided into 100 centavos. The name metical comes from Arabic مثقال (mithqāl), a unit of weight and an alternative name for the gold dinar coin that was used throughout much of Africa until the 19th century.
History