mozambique currency code

Mozambican Centavo Coins go from 50 centavos, 1, 2, 5, 10 meticais. Not always this rule is applicable there are some countries who don't follow this rule. iii. Symbolized as MZN or MT, the Mozambican Metical is the currency used Mozambique. It was used to refer to the gold dinar coin that was widely used across many nations in Africa before the 19th Century.

USD 70.400. The metical underwent severe inflation. The local money used in Mozambique is Metical. Euro 1 MZN = 0.01243 EUR. The currency code for Meticais is MZN, and the currency symbol is MT. The metical (MZM) replaced the escudo at par on 16 June 1980. The name of the currency comes from an Arabic word called mithqal. It was divided into 100 centavos. ; The Mozambican currency code is MZN. ; The Metical Notes: The Mozambican currency notes are made up of 20, 50, 100, 200, 500 meticais. In 1980, coins were introduced in denominations of 50 centavos, 1, ​From July 1, 2006, coins were issued in denominations of 1, 5, 10, 20, 50 centavos and 1, 2, 5, 10 meticais. Updated at 21:00 on Saturday, 18 July, 2020 UTC. Currency codes which are reserved for specific reasons they normally begin with X. From July 1, 2006, new banknotes were issued in denominations of 20, 50, 100, 200, 500, and 1000 meticais. Normally the first 2 letters of these country codes are same as ISO 3166-1 codes and the third letter is the first letter of currency name. ii The same notes and denominations were reissued in 1983 (16 June 1983) with the new state logo, 5,000 meticais notes were introduced in 1989 (3 February 1989). Mozambican Metical exchange rates. The symbol for Mozambican Metical is MT. It is subdivided into 100 centavos. MZM: In currencies, this is the abbreviation for the Mozambique Metical. Mozambique, Bank Swift Codes, Airport Bank zip Codes, University colleges, language currency codes, embassy consulates, Maps and Locations In the southern part Mozambique, US Dollars, the South African Rand, and the British Pound Sterling are also used for business transactions. i.

EUR 80.464. ; The currency symbol of the Mozambican money is MT. MZN is the currency code for Mozambican Metical, which is the official currency of Mozambique. In 1991 (16 June 1991) 500, 1,000, 5,000, and 10,000 notes were issued followed by 50,000 and 100,000 meticais in 1993 (16 June 1993), 20,000 meticais in 1999 (16 June 1999) and 200,000 and 500,000 meticais in 2003 (16 June 2003). The Metical Coins: 1 Metical is made up of 100 Centavos.

Updated list of currency names. In 1980 (16 June 1980), notes were introduced in denominations of 50, 100, 500 and 1,000 meticais. After the revaluation of the Romanian leu on 1 July 2005, the metical briefly became the least valued currency unit, at a value of about 24,500 meticais per USD, until the Zimbabwean dollar took the title in late August 2005. On July 1, 2006, Mozambique redenominated the metical at a rate of 1000:1. The Mozambican Metical is the currency of Mozambique. US Dollar 1 MZN = 0.01420 USD. GBP 88.466. The Currency Codes nomenclature is done by International Organization for Standardization (ISO) according to the ISO 4217 standards which consists of specific 3 letters ("Alpha-3") codes for currencies available worldwide. Our currency rankings show that the most popular Mozambique Metical exchange rate is the USD to MZN rate.

The new Metical is the official currency of Mozambique. The meticais are issued by the Banco de Moçambique which is the Central Bank. 3 character alphabetic and 3 digit numeric ISO 4217 codes for each country. The First Metical had three issues of notes as follows: Mozambique currency name and currency code, ISO 4217 alphabetic code, numeric code, foreign currency, monetary units by country Every Currency is assigned some 3 character Alphabetical Currency Code and a 3 digit numeric Currency code similiar to ISO 3166. British Pound Below, you'll find Mozambican Metical rates and a currency … Mozambique Money . The new Old meticais were redeemed by the Bank of Mozambique for a period of six years, until December 31, 2012.