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MZN flagMozambican Metical
(MZN) Insights

Currency of SE African nation with massive new LNG reserves (Rovuma Basin – among world's largest discoveries); tied to TotalEnergies/Eni LNG projects; significant South African investment flows; post-civil war growth economy

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MZNMozambican Metical

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Currency Snapshot

Technical specifications, central bank governance, and market standing for Mozambican Metical.

ISO Code

MZN

Standardized ISO 4217 Currency Code

Symbol

MT

Unicode Glyphs & Display Symbol

Minor Unit

1/100 = Centavo Decimals

Subdivision unit definition

Region

Mozambique

MZN Primary AreaGlobal Trade
Central Bank

Bank of Mozambique

Bank of Mozambique

Pegged Currency

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Market-determined exchange rate mechanism

Currency Standard: Fiat

Classified as Fiat in global trade networks

Banknotes

MT 20

Coins

1c

Global Network Integration

The FX Intelligence terminal maps the institutional footprint of the Mozambican Metical, highlighting cross-border utilization and primary trading corridors.

Fiat
Classification
USD/MZN
Top Pair Mapping
Mozambique
Main Adoption Regions
Mozambican Metical Trading Terminal

Verified Authority

Regulated data streams mapped to Bank of Mozambique.

MZN Market Insights

Deep-dive analysis of the Mozambican Metical's global impact, remittance role, and institutional influence.

Strong Currency Impact

Strong Currency Impact

Cheaper imports; lower coal and LNG revenues

Weak Currency Impact

Weak Currency Impact

Higher LNG/coal revenues; higher import costs; inflation

Remittance Role

Remittance Role

Mozambique receives growing remittances; sources South Africa, Portugal, UK, USA

Central Bank Tools

Central Bank Tools

Monetary Policy Rate, Reserve Requirements, FX interventions

Common Questions About Mozambican Metical

Everything you need to know about MZN exchange rates, banknotes, and historical significance.

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