Mozambican Metical in Euro

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.

EUR Euro

Country of application:
European Union, Austria, Aland Islands, Andorra, Belgium, Vatican, Guadeloupe, Guiana, Germany, Greece, Ireland, Spain, Italy, Latvia, Lithuania, Luxembourg, Mayotte, Malta, Martinique, Monaco, Netherlands, Portugal, Reunion, San Marino, Saint Pierre and Miquelon, Finland, France, French Southern and Antarctic Territories

Coin denominations in circulation:
2 and 1 euro, 50, 20, 10, 5, 2 and 1 cent.

Denominations of banknotes in circulation:
500, 200, 100, 50, 20, 10 and 5 euros.

History reference:
The Euro is a world currency on a par with the US dollar. It is also a reserve currency (along with the dollar, pound sterling, Japanese yen, Chinese yuan and Swiss franc). The euro symbol, €, is t...he symbol for the Greek letter epsilon. According to the standards, the sign is printed in yellow on a blue background. The sign symbolizes Europe, and two parallel lines denote reliability and stability. Sometimes a character is written with one stroke instead of two. Euro is the official currency of 19 EU countries (Germany, France, Italy, Spain, Portugal, Austria, Belgium, Netherlands, Finland, Greece, Slovenia, Slovakia, Lithuania, Latvia, Estonia, Ireland, Luxembourg, Cyprus, Malta).