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Country: Mozambique, Republic Of Mozambique
Capital: Maputo
Currency: metical
Number code: 943
Letter code: MZN
Mozambique is a country located in the South-Eastern part of mainland Africa. The lands belonging to the Republic, stretches along the coastal strip of the Indian ocean. This allows the residents of coastal fishing. Shrimp is one of the products supplied by the country for export. In the Bay of Maputo is the capital of the state. Lives in Mozambique, more than twenty million people. Occupied a great part of the population is agriculture. Cashew nuts grown here is the second export commodity. Since 1975, Mozambique is a sovereign state.
Mozambican Escudo in force in the country in the colonial period, continued to use until 1980. Changed his metical, consisting of hundreds of centavos. The first coin series was: 1, 2 1/2, 5, 10 and 20 meticais and 50 centavos. In 1986, the catalogue of coins of Mozambique was enriched with 1, 10, 20 and 50 meticais. Inflation made in 1994 to review the values and add new: 1, 5, 10, 20, 50, 100, 500 and 1000 meticais. In 1998 they were joined coins in meticais 5,000 in 2003 and 10,000 meticais.
Denomination 2006 raised the value of the Mozambican coins and banknotes. Since then, the country has a coin the following number of: 1, 5, 10, 20 and 50 centavos and 1, 2, 5 and 10 meticais.
Today it is easy to buy coins of Mozambique related to "modern history" of the country, and to the colonial period. And the Internet is always willing to fill You in regarding prices on the coins of Mozambique.
