Catalog
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| Issuer | Banco de Moçambique |
|---|---|
| Year | 2006-2021 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
| Shape | Log in to see details |
| Technique | Milled |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
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| Reverse lettering | 2 METICAIS |
| Edge | Alternating smooth and reeded segments |
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| Additional information |
Introduced as part of Mozambique's 2006 redenomination, which replaced the old metical at a rate of 1,000 to 1 — a direct consequence of sustained inflation that had eroded the original currency over the two decades following independence. The redenomination was a stabilization measure, not a devaluation, and the new family of coins was designed to actually circulate in a functioning economy rather than serve as notional units.
Nickel-plated steel was chosen partly on cost grounds, a practical concession for a country where the 2 meticais represented real purchasing power at introduction.