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The Mozambican currency appreciated against the Euro and against the US dollar over the last week, according to central bank average exchange rates, followed by Lusa.
The Euro was bought on average in the last week at 67.40 Meticais, 34 cents of the Metical cheaper than in the previous week.
The sale was made at 68.73 Meticais per Euro, 34 cents of the Metical cheaper.
The daily average purchase price of the Euro ranged between 67.05 and 67.59 Meticais, while the asking price ranged between 68.38 and 68.92 Meticais.
In relation to the US dollar, the currency used to calculate the reference exchange rates for other currencies in Mozambique, the purchase was made at 57.66 Meticais, 42 cents of the Metical cheaper than in the previous week.
The sale was made at 58.81 Meticais per US dollar, 42 cents of the metical less.
The daily average of the purchase price of the US dollar varied between 57.62 and 57.74 Meticais, while the sale price ranged between 58.77 and 58.89 Meticais.
Metical average reference exchange rates against the Euro:
Euro … buy … sale
27 / Jul ….. 67.05 ….. 68.38
26 / Jul ….. 67.51 ….. 68.85
25 / Jul ….. 67.44 ….. 68.78
24 / Jul ….. 67.39 ….. 68.73
23 / Jul ….. 67.59 ….. 68.92
average ….. 67.40 ….. 68.73
Metical average reference exchange rates against the Us dollar:
27 / Jul ….. 57.62 ….. 58.77
26 / Jul ….. 57.64 ….. 58.79
25 / Jul ….. 57.64 ….. 58.79
24 / Jul ….. 57.68 ….. 58.83
23 / Jul ….. 57.74 ….. 58.89
average ….. 57.66 ….. 58.81
source: Banco de Moçambique
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