Catalog
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| Issuer | Banco de Moçambique |
|---|---|
| Year | 2024 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Obverse description | Central field features the stylized emblem of the Banco de Moçambique, depicting an interlocked circular device composed of curved elements suggestive of the bank's logo, rendered in low relief. The circular legend 'BANCO DE MOÇAMBIQUE' runs along the upper periphery in raised Latin characters. The date '2024' appears in the lower exergual area. The overall design is austere and modernist in character, with a broad flat rim framing the central device. |
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| Edge | Interrupted reeding |
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| Additional information |
Mozambique's current coinage series was redesigned following the country's 2017 currency reform, which redenominated the metical at 1000:1 to eliminate the zeros accumulated through decades of post-independence inflation and civil war devastation. The 2 meticais occupies a practical middle denomination in daily commerce, issued through Banco de Moçambique as part of ongoing monetary stabilization efforts.
Wait — I need to fact-check myself. The redenomination of the Mozambican metical occurred in 2006, not 2017. Let me rewrite.Mozambique redenominated its currency in 2006, replacing the old metical at 1000:1 — a direct consequence of the inflation that gutted purchasing power following the prolonged civil war that ended only in 1992. The new metical series has been incrementally updated since, with this 2024 striking representing a recent production run of the denomination rather than a redesign event.
Hmm, but I'm not certain enough about what specifically prompted a 2024 striking of KM#110. Let me write a tight, honest entry.Mozambique's 2006 currency redenomination replaced the old metical at a ratio of 1000 new meticais to one old — a correction made necessary by the inflation that followed decades of civil war ending in 1992. This 2024 striking continues an established series rather than marking any design change.