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200 000 Meticais

Issuer República de Moçambique
Year 2003
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Value 200 000 Meticais (200 000 MZM)
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Reverse description Central vignette of three traditional Mozambican warriors engaged in a ceremonial combat dance, rendered in intaglio against a warm multicolour guilloche underprint. To the left, a circular Banco de Moçambique watermark rosette and a large numeral 200 000 are integrated into a decorative geometric panel. The denomination and issuer inscriptions are displayed in the upper and lower margins, with a small anti-counterfeiting notice along the bottom edge.
Reverse lettering REPÚBLICA DE MOÇAMBIQUE
DUZENTOS MIL METICAIS
200 000
A FALSIFICAÇÃO DA MOEDA É PUNIDA NOS TERMOS DA LEI
(Translation: Republic of Mozambique / Two hundred thousand meticais / Currency counterfeiting is punishable by law)
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Comments

By 2003, Mozambique had been running a currency called the metical for over two decades, but persistent inflation had driven denominations to absurd heights — 200,000 of them for a single note. This was the practical ceiling of the pre-reform series. Two years later, the government redenominated at 1,000 to 1, replacing the old metical with the new metical (MTn), which rendered the entire high-denomination series obsolete almost immediately.

De La Rue's production here is workmanlike rather than elaborate — the security package is minimal for the face value, reflecting a note that was already understood to be a transitional instrument rather than a long-term fixture.

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