About Mozambique banknotes
Under Portuguese rule Mozambique's notes were issued by the Banco Nacional Ultramarino. After independence in 1975 the new Banco de Moçambique overprinted these escudo notes in 1976, then introduced the metical in 1980. Inflation led to a new metical in 2006 at 1,000 to one.
See also: African banknotes, Angola, overprinted banknotes and Portugal.
Frequently asked questions
Why are some 1976 notes overprinted?
After independence, Portuguese-era notes were overprinted by the new Banco de Moçambique until the metical arrived in 1980.
When was the new metical introduced?
In July 2006, at 1,000 old meticais to one new metical.
When was the metical first introduced?
In 1980, replacing the escudo.
Are your Mozambique banknotes genuine?
Yes. Every Mozambique note we sell is a genuine banknote, never a copy or replica. Each listing states the grade, gives the Pick catalogue number where one exists and shows the front and back, and every order ships tracked from Hungary.





