Mozambican currency slightly stronger against the Euro

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Mozambican currency slightly stronger against the Euro

12:50 CAT | 19 Nov 2018

File photo: DW

The Mozambican currency registered slight gains against the Euro last week, according to daily exchange rates released by the central bank and followed by Lusa.

During the last week, the Euro was bought in the country for an average of 68.15 meticais, 52 metical cents less than in the previous week, while sale averaged 69.50 meticais, 53 metical cents more.

The US dollar – the currency used as the basis for calculating the reference exchange rates for the other currencies in Mozambique – was bought last week for an average of 60.38 meticais, while sale was made, on average, at 61.56 meticais, that is, with only marginal variations.

Metical average reference exchange rates against the Euro

Euro ….. buy ….. sale

Nov 16 ….. 68.55 ….. 69.90

Nov 15 ….. 68.30 ….. 69.64

Nov 14 ….. 68.13 ….. 69.47

Nov 13 ….. 67.84 ….. 69.19

Nov 12 ….. 67.94 ….. 69.28

Average ….. 68.15 ….. 69.50

Metical average reference exchange rates against the US dollar

USD ….. buy ….. sale

Nov 16 ….. 60.45 ….. 61.64

Nov 15 ….. 60.42 ….. 61.60