Mozambican metical
| Metical moçambicano (Portuguese) | |
|---|---|
| ISO 4217 | |
| Code | MZN (numeric: 943) |
| Subunit | 0.01 |
| Unit | |
| Plural | meticais |
| Symbol | MT, MTn |
| Denominations | |
| Subunit | |
| 1⁄100 | centavo |
| Banknotes | 20, 50, 100, 200, 500, 1000 meticais |
| Coins | |
| Freq. used | 1, 10, 50 centavos, 1, 2, 5, 10 meticais |
| Rarely used | 5, 20 centavos (discontinued, still legal tender) |
| Demographics | |
| User(s) | Mozambique |
| Issuance | |
| Central Bank | Bank of Mozambique |
| Website | www |
| Valuation | |
| Inflation | 10.3% |
| Source | 2023 est. |
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.