Exchange Rate in Mozambique

Mozambique Exchange Rate | Economic News & Forecasts

Mozambique - Exchange Rate

The economy lost further momentum in the second quarter, with growth easing to a near two-year low of 2.3% year-on-year as the impact of cyclones Idai and Kenneth began to take their toll (Q1: +2.5% yoy). Notably, agricultural output—which accounts for over a quarter of GDP—flatlined as the cyclones destroyed thousands of hectares of crops, largely driving the overall slowdown. In addition, a marked contraction in the all-important mining industry and a moderation of activity in the commerce sector further weighed on the headline figure. In other news, on 9 September, nearly all investors of the country’s USD 727 million Eurobonds agreed to the restructuring proposal laid out by authorities, a move that should provide the government with significant cash flow relief. The settlement of the bond restructuring is expected for later this month.

Mozambique - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)30.01  34.01  46.97  71.38  58.53  

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Mozambique Exchange Rate Chart


Mozambique Exchange Rate
Note: Exchange rate, MZN per USD (eop).
Source: Thomson Reuters

Mozambique Facts

ValueChangeDate
Exchange Rate61.700.48 %Sep 04
Stock Market0.10.0 %Sep 04

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