Catalog
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| Issuer | Banco de Moçambique |
|---|---|
| Year | 2006 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | New metical (2006-date) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | ·BANCO·DE·MOÇAMBIQUE· 2006 |
| Reverse description | A naturalistic full-body effigy of a cheetah standing in profile to the left occupies the upper portion of the field, with fine spotted coat detailing rendered in relief. The numeral '5' appears in the lower central field beneath the animal, with the denomination inscription 'CENTAVOS' arched along the lower rim. |
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| Additional information |
Mozambique's 2006 low-denomination coinage was issued following a currency reform that had taken effect in 2006, when the new metical (MZN) replaced the old metical (MZM) at a rate of 1,000 to 1 — a redenomination made necessary by decades of accumulated inflation stretching back through the civil war that ended in 1992. At face value, the 5 centavos was nearly worthless the moment it was struck, and the denomination effectively disappeared from everyday transactions within a few years.