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1 Metical
| Issuer | Banco de Moçambique |
|---|---|
| Year | 2006-2021 |
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| Composition | Log in to see details |
| Weight | 5.3 g |
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| Obverse description | At centre, the stylised logo of the Banco de Moçambique occupies the field, rendered as an interlocking circular and angular device. The legend ·BANCO·DE·MOÇAMBIQUE· curves around the periphery of the heptagonal flan, with the date flanked by dots positioned along the lower edge. The design is executed in a clean, modern graphic style befitting a central bank emblem. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | ·BANCO·DE·MOÇAMBIQUE· 2006 |
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| Additional information |
The metical was reintroduced in 2006 following a redenomination that replaced 1,000 old meticais with a single new metical — a direct consequence of the inflationary damage accumulated during and after Mozambique's civil war, which ended in 1992 but left the currency severely degraded. Banco de Moçambique's decision to rebase the unit simplified commerce and effectively erased a zeros problem that had made everyday pricing unwieldy for nearly two decades.
Nickel-plated steel replaced the costlier alloys used in earlier metical series, reflecting the practical constraints of a low-denomination coin expected to circulate heavily in a developing economy.