Pound Sterling to Mozambican Metical — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.Read More

Country of Circulation: Mozambique

Currency Code, Symbol: MZN, MT, MTn

Denominations of coins in circulation: 50 centavos, 1, 2, 5, 10 meticais

Denominations of banknotes in circulation: 20, 50, 100, 200, 500 meticais

History: The Mozambican metical (МТН) is the official currency issued and accepted within this African country called Mozambique. Foreign currency exchange traditionally calls it MZN. The Mozambican metical is subdivided into small coins called centavos.Every MZN has 100 centavos. The currency has appeared in 1982, replacing the previous currency of escudo. Rare African animals are minted on the coins. The reverse has portraits of leopard, kingfishers, rhino, and exotic fish. There are also scenes from an agricultural life of the country.Read More