MZN / NAD
Live market data
Metical / Namibian Dollar
0.25
NAD
Updated 43 secs ago
Graph
Description
The Metical is the official currency of Mozambique, a southeastern African nation. Issued by the Banco de Moçambique, it is denoted by the symbol MT and is divided into 100 centavos.
First introduced in 1980, the Metical underwent a major redenomination in 2006 when three zeros were removed to curb inflation, restoring confidence in the monetary system. Its name derives from the Arabic word “mitqāl,” a historic unit of weight for gold and silver, reflecting the region’s historic trade links.
Key Facts
| Market Code | MZN | |
| Currency Name | Metical | |
| Native Name | Metical | |
| Country | Mozambique | |
| Country Code | MZ | |
| Demonym | Mozambican | |
| Sub-unit | Centavo | |
| Languages Spoken | Portuguese, Emakhuwa, Sena, Ndau, Tsonga | |
| Symbol | MT | |
| Issuer | Banco de Moçambique |
| Current Price | 0.25 ZAR |
| 24h Ago Price | 0.25 ZAR |
| 24h Change | +0.18% |
| Day Range | — |
| Year Range | — |
| YTD Change | — |
| Volatility | — |
| Previous Close | — |
| Open | — |
| Last Updated | 10 August 2026, 06:49:53 |
