Mozambique's current metical series has been in circulation since the 2006 redenomination, which replaced the old metical at 1,000 to 1 following years of inflation that had rendered small-denomination coins functionally worthless. The 2024 date places this piece among the most recent strikes from the Casa da Moeda de Portugal, which has produced Mozambican coinage under contract for decades.
Mozambique's current metical series has been in circulation since the 2006 redenomination, which replaced the old metical at 1,000 to 1 following years of inflation that had rendered small-denomination coins functionally worthless. The 2024 date places this piece among the most recent strikes from the Casa da Moeda de Portugal, which has produced Mozambican coinage under contract for decades.