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500 Meticais

Issuer Banco de Moçambique
Year 2024
Type Standard circulation banknote
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Reverse description Pink on multicolour underprint. The reverse carries an outline map of Mozambique alongside vignettes of traditional sailboats, stylised stick figures, and a quill motif, with a fish serving as the see-through registration device. A windowed security thread with demetalized text reading BM 500 runs vertically through the note.
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Protection type Watermark, Security thread, Optically variable element
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Comments

Mozambique's central bank shifted to polymer for this denomination as part of a broader currency modernization push, following the lead of several other southern African issuers who had already moved away from cotton-based substrate in the previous decade. Polymer notes in the region have shown significantly longer circulation lifespans — roughly two to four times that of paper — a practical consideration for a country where high humidity and heavy daily handling degrade cotton notes quickly.

P#159 is among the more recent additions to the Pick catalogue and secondary market data on survival rates and printing quantities remains thin.