100 Meticas

This note was issued in 1976, the year after Mozambique's independence from Portugal, when the Banco de Moçambique was barely a year old — the central bank had only been established in May 1975, weeks before formal independence. The country had no meaningful indigenous banking infrastructure to inherit, and the transition from the Banco Nacional Ultramarino's colonial currency apparatus was abrupt.

Thomas De La Rue handled the printing, as they did for a significant portion of newly independent African states in this period. The watermark security feature reflects the minimal specification typical of first-generation post-independence issues before more sophisticated security printing became standard.