Mozambique - Money
Currency & Money
Mozambique Metical (MZN; symbol MT) = 100 centavos. Banknotes are in denominations of MT 1,000, 500, 200, 100, 50 and 20. Coins are in denominations of MT 10, 5, 2 and 1, as well as 50, 20, 10, 5, and 1 centavos. Coins below 50 centavos are rarely used in daily transactions.
Credit cards are accepted at major hotels, restaurants, and shops in cities such as Maputo, Beira, and other tourist hubs. Visa and Mastercard are the most commonly accepted cards. However, outside urban centres and in smaller establishments, cash is generally required.
ATMs are widely available in cities and larger towns, and many accept international cards and dispense Mozambican meticais. Travellers should be cautious of withdrawal limits and occasional service outages. It is advisable to notify your bank of your travel plans to avoid card issues.
Travellers must declare if they are carrying more than US$5,000 (or the equivalent in foreign currency) when entering or leaving Mozambique. For local currency, amounts over 10,000 Mozambican meticais must also be declared.
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