Mozambique forex rates

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mozambique forex rates

The code for the New Mozambican Metical is MZN. The symbol for the New Mozambican Metical is MT. The Metical is divided into centavos. For , one Dollar has equalled average: MT note: in Mozambique revalued its currency, with old meticais equal to 1 new meticais GDP - real growth rate: % ( est.) Stock of money: $ billion (31 December ) Labor force: million ( est.) Imports - partners: South Africa %, Australia %, China % () Inflation rate (consumer prices): % ( est.). If you are looking for foreign exchange rates with good return, USDMZN can be a bad, high-risk 1-year investment option. USD/MZN rate equal to at , but your current investment may be devalued in the future. Current Rate:

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Natural gas - consumption: 1. Currency code : metical MZM Economy - overview: At independence inMozambique was one of the world's poorest countries. Socialist mismanagement and a brutal civil war from exacerbated the situation. Inmozambique forex rates, the government embarked on a series of macroeconomic reforms designed to stabilize the economy. These steps, combined with donor assistance and mozambique forex rates political stability since the multi-party elections inhave led to dramatic improvements in the country's growth rate.

Fiscal reforms, including the introduction of a value-added tax and reform of the customs service, have improved the mozambique forex rates revenue collection abilities. In spite of these gains, Mozambique remains dependent upon foreign assistance for much of its annual budget, and the mozambique forex rates of the population remains below the poverty line. Subsistence agriculture continues to employ the vast majority of the country's work force. A substantial trade imbalance persists although the opening of the Mozal aluminum smelter, the country's largest foreign investment project to date, has increased export earnings, mozambique forex rates.

At the end ofand after years of negotiations, the government took over Portugal's majority share of the Cahora Bassa Hydroelectricity HCB company, a dam that was not transferred to Mozambique at independence because of the ensuing civil war and unpaid debts. Natural gas - exports: 0 cu m est.

Imports - commodities: machinery and equipment, vehicles, fuel, chemicals, metal products, foodstuffs, textiles Industries: food, beverages, chemicals fertilizer, soap, paintsaluminum, petroleum products, textiles, cement, glass, asbestos, tobacco Electricity - exports: Population below poverty line: Commercial bank prime lending rate: Oil - proved reserves: 0 bbl 1 January est.

Labor force - by occupation:.


Mozambique - Wikipedia


mozambique forex rates


Year Mozambican metical/South African rand (MZN/ZAR) rates history, splited by months, charts for the whole year and every month, exchange rates for any day of the year. Source: free currency rates . To take you through each stage of life, as we aim to assist you with the funds you need for the things you want to do. The diversification of the country's economy and the introduction of reforms for its sustainable growth are the themes that will dominate the debates of the fourth edition of the Financial Times Summit in Mozambique, to be held in September 11, in Maputo, supported by Standard Bank.