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Mozambique Hyperinflation Banknotes

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500,000 Meticais 2003 (issued 2004)

500,000 Meticais 2003 (issued 2004) front
500,000 Meticais 2003 (issued 2004) back
Scans courtesy of Thomas Augustsson.

Back to Hyperinflation Banknotes

Mozambique was one of the world's poorest countries when it became independent in 1975. Mismanagement and a brutal civil war from 1977-92 led to continued inflation. The highest denomination in 1976 was 100 Meticais. By 2004, it was 500,000 Meticais. In the 2006 currency reform, 1 new Metica was exchanged for 1,000 old Meticais.

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