200 Meticais

The 200 Meticais denomination was introduced as part of Mozambique's second-generation metical series, which followed the 2006 redenomination that replaced the old metical at a rate of 1,000 to 1 — a correction made necessary by decades of post-independence inflation and the economic damage of the civil war that ended only in 1992. By 2011, the economy had stabilized enough that a note at this value level made practical sense without inviting immediate ridicule.

Printed on cotton substrate with a relatively modest security package for a note of this face value — watermark, thread, microprint — it sits below the threshold at which Banco de Moçambique invested in more sophisticated features like color-shifting ink or holograms, which were reserved for the 500 and 1000 Meticais.