Home Southern Africa Mozambique Introduces New Series of Currencies to Prevent Counterfeiting

Mozambique Introduces New Series of Currencies to Prevent Counterfeiting

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Mozambique Introduces New Series of Currencies to Prevent Counterfeiting

(3 Minutes Read) 

The new notes will be almost impossible to copy. Those machines that are out there copying the currency are going to go the wrong way. The new 2024 series has benefitted from the technological advances that have taken place in recent years in the area of banknote printing and coin minting.

The Governor of the Bank of Mozambique, Rogério Zandamela, has announced that the new series of notes and coins of the Metical, the national currency, have been circulating throughout the country since midnight on Sunday.

According to Zandamela, there is no reason for concern, because the new notes will circulate at the same time as the old ones. He explained that the new notes also have embossed printing, a feature that makes it easier for visually impaired people to identify the value of each note. The new notes will be almost impossible to copy. Those machines that are out there copying the currency are going to go the wrong way. The new 2024 series has benefitted from the technological advances that have taken place in recent years in the area of banknote printing and coin minting.

Zandamela also said that it is still the responsibility of all citizens to ensure that Metical notes and coins are preserved, despite the improvements made in this new series. The new notes have much the same design as the old ones – including a portrait of the country’s first President, Samora Machel, and images of Mozambican wildlife. The main differences are enhanced security features to avoid counterfeiting.

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Zandamela said the launch of the new series coincides with the 64th anniversary of the Mueda massacre, which took place on 16 June 1960 in the northern province Cabo Delgado, when colonial forces gunned down unarmed protestors in the town of Mueda.