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Mozambican Metical (MZN)

The Mozambican Metical is the primary currency of Mozambique. This currency is used by an estimated 29,495,962 people. Based on our estimate, Mozambican Metical is the #43 most popular currency is the world.

The currency code for the Mozambican Metical is "MZN". The ISO 4217 number for this currency is 943. The currency symbol for the Metical is "MT".

Mozambican Metical conversion rates, useful facts, and holiday schedule can be found below.

MZN Currency Demographics

The primary country using the Mozambican Metical is Mozambique.

There are approximately 29,495,962 people around the world who use the Mozambican Metical. The Mozambican Metical is the #43 most used widely currency is the world.

29,495,962 user population
Ranked #43 in the world

MZN Exchange Rates

1 Mozambican Metical equals:

Australian Dollar


Inverse: MT42.44


Inverse: MT73.24
British Pound


Inverse: MT83.51
Indian Rupee


Inverse: MT0.88
Japanese Yen


Inverse: MT0.62
US Dollar


Inverse: MT67.0096

† Rates last updated at 24 minutes ago

‡ Rates are the interbank rate and are only available on large transactions

MZN Currency Facts

MZN Details

ISO 4217 CodeMZN
ISO 4217 Number943
Unit NameMetical
Currency NicknamesN.a.

MZN Denominations

Minor Unit NameN.a.
Minor Unit Symbol N.a.
Minor Units2
Frequently Used banknotesMT20, MT50, MT100, MT200, MT500, MT1000
Rarely Used BanknotesN.a.
Frequently Used CoinsMT1, MT2, MT5, MT10, 5, 10, 50
Rarely Used CoinsN.a.

MZN Issuance

Central BankBanco de Moçambique
Central Bank Website

World Bank Statistics

Estimated User Population29,495,962 people
Population Rank#43
MZN Inflation RateN.a.
Inflation RankN.a.

† Population and Inflation rate as based on data from the World Bank.

‡ Corrections or suggestions? Please contact us.

2020 MZN Currency Holidays

Based on holidays observed by the Banco de Moçambique. On these dates banks and payment systems may be closed. Settlement in Mozambican Metical may also be closed on these dates.

New Year's Day January 1, 2020 Closed
Heroes' Day February 3, 2020 Closed
Women's Day April 7, 2020 Closed
Good Friday April 10, 2020 Closed
Workers' Day May 1, 2020 Closed
Independence Day June 25, 2020 Closed
Victory Day September 7, 2020 Closed
Revolution Day September 25, 2020 Closed
National Day of Peace and Reconciliation October 5, 2020 Closed
Maputo City Day November 10, 2020 Closed
Christmas Eve December 24, 2020 Partial Day
Christmas/Family Day December 25, 2020 Closed

MZN Currency History

The Mozambican Metical was created in July 2006. The table below shows the history of currencies that ultimately became the Mozambican Metical.

Currency Active Replaced By
Mozambican metical (MZM) January 1980 to June 2006 MZN