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2023 est. The metical ( / ˈmɛtɪˌkæl /; [2] 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 ), [3] a unit of weight and an alternative name for the gold dinar coin that was used throughout much of ...
- Mozambican metica - Wikipedia
The metica (plural meticas) was a proposed currency for...
- Mozambican metical - Simple English Wikipedia, the free ...
Mozambican metical is the new currency of Mozambique. New...
- Mozambican metica - Wikipedia
Jul 19, 2022 · Continued downward pressures forced the redenomination of the Mozambique metical at a rate of 1000:1 on July 1, 2006. To compensate for the lower value, new banknotes in denominations of 20, 50 ...
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Mar 15, 2024 · The Mozambique Metical (MZN) has a rich history, emerging as the official currency of Mozambique in 1980 following the nation’s independence from Portugal. Initially introduced to replace the Mozambican escudo, the metical has undergone significant transformations, including periods of hyperinflation and currency redenomination.
Mozambique's official currency is the metical (as of October 2023, US$1 is roughly equivalent to 64 meticals) The U.S. dollar, South African rand, and the euro are widely accepted and used in business transactions. The minimum legal salary is around US$60 per month.
MZN - Mozambican Metical. The Mozambican Metical is the currency of Mozambique. Our currency rankings show that the most popular Mozambican Metical exchange rate is the MZN to USD rate. The currency code for Meticais is MZN, and the currency symbol is MT. Below, you'll find Mozambican Metical rates and a currency converter.