Currency of Mozambique

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Mozambique Metical (MZN; symbol MT) = 100 centavos. Notes are in denominations of MT1,000, 500, 200, 100, 50 and 20. Coins are in denominations of MT10, 5, 2 and 1 and 50, 20, 10, 5 and 1 centavos.

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Note: The new Metical replaced the old Metical (MZM) on 1 July 2006. 1 MZN = 1,000 MZM. The old notes ceased being legal tender on 31 December 2006.

Credit cards: 

These are increasingly accepted in Maputo, but not generally beyond the capital.

Travellers cheques: 

Not commonly accepted, and where accepted are slow to process and often attract high rates of commission.

Banking hours: 

Mon-Fri 0730-1530.

Currency restriction:
 
The import and export of local currency is prohibited. The import of foreign currency is unlimited, subject to declaration. The export of foreign currency is limited to the amount declared on arrival.