Country Guides
Mozambique
Money
Money
Mozambique
Currency
Mozambique Metical (MZN; symbol MT) = 100 centavos. Notes are in denominations of MT1,000, 500, 200, 100, 50 and 20. Coins are in denominations of MT10, 5, 2 and 1 and 50, 20, 10, 5 and 1 centavos.
Note: The new Metical replaced the old Metical (MZM) on 1 July 2006. 1 MZN = 1,000 MZM. The old notes ceased being legal tender on 31 December 2006.
Currency Exchange
There are bureaux de change at the airports. Money can also be changed at banks. It is advisable to take US Dollars or South African Rand.
Credit/Debit Cards and ATMs
These are increasingly accepted in Maputo, but not generally beyond the capital.
Traveller's Cheques
Not commonly accepted, and where accepted are slow to process and often attract high rates of commission.
Currency Restrictions
Restrictions apply.
Banking Hours
Mon-Fri 0730-1530.
Exchange Rate Indicators
Date
Apr 09
£1.00=
MT42.41
$1.00=
MT28.51
€1.00=
MT37.78
Currency
Mozambique Metical (MZN; symbol MT) = 100 centavos. Notes are in denominations of MT1,000, 500, 200, 100, 50 and 20. Coins are in denominations of MT10, 5, 2 and 1 and 50, 20, 10, 5 and 1 centavos.
Note: The new Metical replaced the old Metical (MZM) on 1 July 2006. 1 MZN = 1,000 MZM. The old notes ceased being legal tender on 31 December 2006.
Note: The new Metical replaced the old Metical (MZM) on 1 July 2006. 1 MZN = 1,000 MZM. The old notes ceased being legal tender on 31 December 2006.
Currency Exchange
There are bureaux de change at the airports. Money can also be changed at banks. It is advisable to take US Dollars or South African Rand.
Credit/Debit Cards and ATMs
These are increasingly accepted in Maputo, but not generally beyond the capital.
Traveller's Cheques
Not commonly accepted, and where accepted are slow to process and often attract high rates of commission.
Currency Restrictions
Restrictions apply.
Banking Hours
Mon-Fri 0730-1530.
Exchange Rate Indicators
| Date | Apr 09 |
| £1.00= | MT42.41 |
| $1.00= | MT28.51 |
| €1.00= | MT37.78 |
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