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Mozambique

Money & costs

Money

Mozambique’s currency is the metical (plural – meticais). As of mid-2006, the ‘metical nova família’ (new family metical) was introduced, at a rate of 1000 old meticais to one new metical.

All major towns have ATMs, often operated by Banco Internacional de Moçambique (BIM), and all accepting Visa, but not MasterCard.

You can change US dollars cash at most banks (though not at most BIM branches) without paying commission, and South African rands are widely accepted in southern Mozambique. Travellers cheques can be changed only at Standard Bank (minimum US$35 commission per transaction, original purchase receipt required).