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Mozambican metical

The official currency of Mozambique is the Mozambican Metical. One Mozambican Metical is worth 100 Centavos. Coins are distributed in 50 Centavos as well as 1, 2, 5 and 10 Meticais. Coins of 1, 5, 10 and 20 Centavos also used to be in circulation but are no longer used. Banknotes come in denominations of 20, 50, 100, 200 and 500 Meticais. 1000 Meticais banknotes also exist but are rare.