Mozambican Metical in Burundian franc

MZN Mozambican Metical

Country of application:
Mozambique

Coin denominations in circulation:
1, 5, 10, 20, 50 centavos, 1, 2, 5 and 10 meticals.

Denominations of banknotes in circulation:
20, 50, 100, 200, 500 and 1000 meticals.

History reference:
The Mozambican metical has been the national currency and money of the Republic of Mozambique since 1980, after gaining independence from Portugal in 1875. In 2006, a denomination was carried out in ...a ratio of 1000: 1. The territory of the country is a collection of flat lowlands near the coast, which smoothly turn into highlands and the Mozambique Plateau in the north-west of the country. Among the largest rivers, the Zambezi and Ruvuma, which separates Mozambique and Tanzania, should be distinguished. The total area of Mozambique exceeds 800 thousand square kilometers. On July 1, 2006, Mozambique introduced the metical denomination at a rate of 1000:1. The new ISO 4217 code is MZN. New banknotes and coins were also introduced on July 1, 2006. The transition period, during which both the old and the new currencies had equal circulation, ended on December 31, 2006. During this period, the abbreviation MTn was used for new meticals, but then the abbreviation MT was used again.

BIF Burundian franc

Country of application:
Burundi

Coin denominations in circulation:
1, 5, 10, 50 francs.

Denominations of banknotes in circulation:
100, 500, 1000, 2000, 5000, 10000 francs.

History reference:
The Burundian franc BIF is the national currency of Burundi. During the German colonial period, the rupee of German East Africa was in use in Burundi. After the capture of Burundi by Belgian troops i...n 1916, first unofficially, and after 1919, the Belgian Congo franc was officially introduced into money circulation. In 1960, this currency was withdrawn from use in Rwanda and Burundi and the Rwandan and Burundian franc was introduced instead. In 1964, Burundi issued its own currency, which was called the Burundian franc.