The metica (plural ''meticas'') was a proposed currency for
Mozambique
Mozambique, officially the Republic of Mozambique, is a country located in Southeast Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west, and Eswatini and South Afr ...
. It was divided into 100
centimos. Coins were produced dated 1975 and banknotes dated 1976. However, these were not put into circulation and the
escudo
The escudo ( Portuguese: 'shield') is a unit of currency which is used in Cape Verde, and which has been used by Portugal, Spain and their colonies. The original coin was worth 16 silver . The Cape Verdean escudo is, and the Portuguese escudo ...
continued to circulate until 1980, when the
metical
The metical (; plural: ) is the currency of Mozambique, abbreviated with the symbol ''MZN'' or ''MT''. It is nominally divided into 100 centavos. The name ''metical'' comes from Arabic ('' mithqāl''), a unit of weight and an alternative name f ...
was introduced.
Currencies of Africa
Economic history of Mozambique
Currencies of Mozambique
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