Mozambique
Mozambique Metical (MZM) = 100 centavos. Notes are in denominations of MZM100,000, 50,000, 20,000, 10,000, 5000 and 1000. Coins are in denominations of MZM5000, 1000, 500, 100, 50, 20, 10, 5 and 1.
The import and export of local currency is prohibited. The import of foreign currency is unlimited, subject to declaration. The export of foreign currency is limited to the amount declared on import.
Mon-Fri 0730-1530.
There are bureaux de change at the airports. Money can also be changed at banks. It is advisable to take US Dollars or South African Rand.
These are rarely used in shops. However, money can be obtained from some ATMs using Visa credit or debit cards.
High rates of commission are often charged on these. To avoid additional exchange rate charges, travelers are advised to take traveller's cheques in Pounds sterling, US Dollars or South African Rand.
