MOZAMBIQUE CURRENCY:
'MZN' represents the Mozambique currency.
The symbol 'MT' is the currency logo meaning 'Metacil'
Coins in Mozambique are originally called 'Centimos'
$1 BND - 23 MZN
$100 BND - 2 340 MZN
$100 000 BND - 2 340 700 MZN
$1 000 000 BND - 23 420 220 MZN
'MZN' represents the Mozambique currency.
The symbol 'MT' is the currency logo meaning 'Metacil'
Coins in Mozambique are originally called 'Centimos'
$1 BND - 23 MZN
$100 BND - 2 340 MZN
$100 000 BND - 2 340 700 MZN
$1 000 000 BND - 23 420 220 MZN
Answers:
GDP this year: $2 951 460 000 (90,993,256,573 MZN)
GDP Per Capita this year: $1220 (37,612 MZN)
GDP Per Capita basically means how much money a country has and divides it by the number of people in the country (25,415,799) GDP Per Capita is especially useful when comparing one country to another. Whenever the GDP Per Capita develops it means growth in the economy. 'GDP' is an acronym meaning 'Gross Domestic Product'.
The economy of Mozambique has developed since the Mozambique Civil War ended in 1992.
But Mozambique is still one of the most poorest and most undeveloped country's in the world. In total the country has $26 billion.
All major towns have ATMs, often operated by Banco Internacional de Mozambique (BIM), and all accepting Visa, but not MasterCard. You can change US dollars cash at most banks (though not at most BIM machines) without paying commission. (Commission is a payment to someone who sells goods)
Travellers checks can be changed only at Standard Bank. The minimum is US$35.
Mozambique's International bank is Banco de Moçambique. Visit their website here: http://www.bancomoc.mz/
If the website comes up in Portugal language look at the top and click translate. The website features a page about 'The History of Mozambique Metical' and information about Metical and Centavos.
GDP this year: $2 951 460 000 (90,993,256,573 MZN)
GDP Per Capita this year: $1220 (37,612 MZN)
GDP Per Capita basically means how much money a country has and divides it by the number of people in the country (25,415,799) GDP Per Capita is especially useful when comparing one country to another. Whenever the GDP Per Capita develops it means growth in the economy. 'GDP' is an acronym meaning 'Gross Domestic Product'.
The economy of Mozambique has developed since the Mozambique Civil War ended in 1992.
But Mozambique is still one of the most poorest and most undeveloped country's in the world. In total the country has $26 billion.
All major towns have ATMs, often operated by Banco Internacional de Mozambique (BIM), and all accepting Visa, but not MasterCard. You can change US dollars cash at most banks (though not at most BIM machines) without paying commission. (Commission is a payment to someone who sells goods)
Travellers checks can be changed only at Standard Bank. The minimum is US$35.
Mozambique's International bank is Banco de Moçambique. Visit their website here: http://www.bancomoc.mz/
If the website comes up in Portugal language look at the top and click translate. The website features a page about 'The History of Mozambique Metical' and information about Metical and Centavos.
THE FIRST CENTIMOS (COINS)