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| 正面描述 | Central vignette presents an intaglio-rendered perspective view of the Banco de Moçambique headquarters building in Maputo, set against a multicolour guilloche underprint in green, orange, and blue tones. To the upper right, the national coat of arms is printed in intaglio alongside the Governor's signature, the issue date "16 DE JUNHO DE 2003", and a gold-toned optically variable device bearing the repeated initials "BM". Denomination numerals "500000" appear in large letterpress at upper left and lower right, with the serial number printed vertically at left and horizontally at centre-right in green. |
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| 正面铭文 | 登录 以查看详情 |
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| 防伪描述 | Banco de Moçambique logo with initials "BM" above and denomination below; Optically variable device: gold patch at right of obverse with repeated "BM" initials in shifting colours |
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By 2003, Mozambique's metical had suffered decades of inflation severe enough to require denominations in the hundreds of thousands. This note was part of the final series before the 2006 redenomination, which replaced 1,000 old meticais with one new metical — effectively erasing three zeros and retiring notes like this one from circulation entirely.
De La Rue's involvement brought OVD security to a currency that had previously relied on far more modest anti-counterfeiting measures. The print run of just over twelve million is relatively modest for a high-denomination inflationary note, suggesting the redenomination was already in planning when this issue was authorized.