| Main centres: | 1-3 business days |
| Regional areas: | 3-4 business days |
| Remote areas: | 3-5 business days |
1 x 1000 MIL METICAIS - 1991 - BB7358144
Collectors items
Fair - Good Condition as per images
Pick up Strand
Courier Option
The metical (MZM) replaced the at par on 16 June 1980.The metical was announced by on 15 June 1980 at 8pm, and was officially introduced the next day, which was also the 20th anniversary of the .
On 1 July 2006, Mozambique redenominated the metical at a rate of 1000:1. The new code is MZN. New coins and banknotes were introduced on 1 July 2006, and the transitional period during which both old and new meticais could be used lasted until 31 December 2006. During the conversion, the new currency was locally abbreviated as MTn, but has since largely returned to MT.
Old meticais were redeemed by the Bank of Mozambique for a period of six years, until 31 December 2012.
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