The metical (/ˈmɛtɪˌkæl/;[2] plural: meticais) is the currency of Mozambique, abbreviated with the symbol MZN or MT.
The name metical comes from Arabic مثقال (mithqāl),[3] a unit of weight and an alternative name for the gold dinar coin that was used throughout much of Africa until the 19th century.
New coins and banknotes were introduced on 1 July 2006, and the transitional period during which both old and new meticais could be used lasted until 31 December 2006.
[7] On 1 October 2011, Banco de Moçambique has issued a new family of banknotes that are similar to the 2006 series, but with enhanced security features.
[8][9][10][11] Mozambique will introduce a new series of metical notes and coins from June 16, 2024, which will progressively replace those that have been in circulation since 2006, the central bank governor announced on Friday [10]