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20 Meticais

Issuer Banco de Moçambique
Year 1980
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Thickness 3 mm
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Obverse lettering REPÚBLICA POPULAR DE MOÇAMBIQUE
1980
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Edge Plain with stars
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Additional information

Mozambique gained independence from Portugal in June 1975, and the Banco de Moçambique was established almost immediately to replace the Banco Nacional Ultramarino — the colonial institution that had controlled the territory's currency. This 1980 issue belongs to the first generation of coins produced under the FRELIMO government, at a moment when the country was simultaneously rebuilding its financial infrastructure and fighting a destabilizing insurgency backed by Rhodesian and later South African intelligence services.

The copper-nickel alloy chosen here was a deliberate step up from the lighter denominations of the same series, signaling the 20 meticais as a coin meant for substantive transactions rather than small change.

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