Exchange Rate in Mozambique
Mozambique - Exchange Rate
The powerful Cyclone Idai that hit Mozambique last month has created a major humanitarian emergency. Nearly 2 million people were affected, over 600 have been reported dead and hundreds of thousands are currently in desperate need of food, water and shelter. Although it is still too early to accurately determine the macroeconomic effects and reconstruction costs of the storm, these are set to be enormous. Meanwhile, the IMF concluded its Article IV mission in late-March, stating it will consider emergency financial assistance under its Rapid Credit Facility to respond to the disaster. On the economy, it also highlighted the need for fiscal consolidation to reduce bulky public debt and recommended authorities to rely as much as possible on grants and cheap concessional loans to finance the budget.Mozambique - Exchange Rate Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Exchange Rate (vs USD) | 30.00 | 31.60 | 45.00 | 71.20 | 58.53 |
Mozambique Exchange Rate Chart
Source: Thomson Reuters
Mozambique Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 63.85 | 0.48 % | May 13 |
| Stock Market | 0.1 | 0.0 % | May 13 |
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