Exchange Rate in Mozambique

Mozambique Exchange Rate | Economic News & Forecasts

Mozambique - Exchange Rate

Leading data indicates that economic conditions remained weak in Q3, despite showing some signs of improvement, after GDP contracted heavily in Q2 due to the Covid-19 fallout. Economic sentiment climbed from July’s record low in August on the back of the industrial and services sectors. That said, sentiment remained far below its pre-pandemic levels seen earlier in the year. Moreover, although the private sector PMI edged higher in September, activity and demand continued to falter while confidence fell to a near four-year low, as pandemic-related restrictions continued to bite. In other news, the government tabled its draft 2021 budget to Parliament on 29 September, earmarking lower spending while projecting a fiscal deficit of 9.1% of GDP. Meanwhile, on 2 October, the IMF approved a six-month extension of debt service relief to several low-income countries, including Mozambique.

Mozambique - Exchange Rate Data

2015   2016   2017   2018   2019  
Exchange Rate (vs USD)46.97  71.38  58.53  61.58  62.43  

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Mozambique Exchange Rate Chart


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

Mozambique Facts

Value Change Date
Exchange Rate62.430.48 %Jan 01
Stock Market0.10.0 %Jan 06

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