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1000 Meticais
| Issuer | Banco de Moçambique |
|---|---|
| Year | 2024 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO DE MOÇAMBIQUE 1000 MIL METICAIS 16 DE JUNHO DE 2024 O GOVERNADOR SAMORA MOISÉS MACHEL Primeiro Presidente de Moçambique |
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| Reverse lettering | BANCO DE MOÇAMBIQUE 1000 MIL METICAIS |
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| Comments |
Mozambique's 2024 banknote series was introduced against a backdrop of persistent inflationary pressure — the metical had shed significant value through the 2010s and early 2020s, and the 1000-metical denomination, once a high-value note, had become routine in everyday transactions. The redesigned series reflected Banco de Moçambique's push to bring security specifications closer to current BNDES and central bank standards across the region.
Pick 160 is recent enough that secondary market pricing remains unsettled and population data from grading services is essentially nonexistent. Cotton substrate rather than polymer is a notable choice given that several neighboring central banks have moved toward polymer for higher denominations.