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The metical (/ ˈ m ɛ t ɪ ˌ k æ l /; [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 (), [3] a unit of weight and an alternative name for the gold dinar coin that was used throughout much of Africa until the 19th century.
This article lists events from the year 2025 in Mozambique. Incumbents. President: Filipe Nyusi (until 15 January); Daniel Chapo (15 January onwards)
In 1995 alone, Mozambique received $1.115 billion in aid. In 1999, the total external debt stood at $4.8 billion. Fortunately, in the same year significant economic recovery did occur, as the real GDP growth rate reached 10 percent. Today, the economy of Mozambique continues to be dominated by agriculture.
Mozambique Switzerland Solomon Islands South Sudan Tunisia Zambia ; Pegged exchange rate within horizontal bands (1) Morocco ; Other managed arrangement (12) Kuwait Syria Liberia Myanmar Sierra Leone Zimbabwe Kenya Haiti Kyrgyzstan Tonga
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. Mozambique is a member of the Southern African Development Community (SADC). [18]
This page was last edited on 12 December 2024, at 17:05 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The West African Monetary Zone (WAMZ) has proposed to create a common currency for all West Africa states, the Eco. In May 2020, an agreement between the French government and 8 West African countries was reached, meaning to change the CFA franc to the Eco; though no plan had been established as of January 2021. [4]
2018 in Mozambique; 2019 in Mozambique; 2020 in Mozambique; ... 2025 in Mozambique This page was last edited on 21 June 2024, at 02:49 (UTC). Text ...