<P> The metical ( MZM ) replaced the escudo at par on 16 June 1980 . It was divided into 100 centavos . The metical underwent severe inflation . After the revaluation of the Romanian leu , the metical briefly became the least valued currency unit , at a value of about 24,500 meticais per USD , until the Zimbabwean dollar took the title in late August 2005 . </P>
<P> The metical ( MZM ) replaced the escudo at par on 16 June 1980 . It was divided into 100 centavos . The metical underwent severe inflation . After the revaluation of the Romanian leu , the metical briefly became the least valued currency unit , at a value of about 24,500 meticais per USD , until the Zimbabwean dollar took the title in late August 2005 . </P>
when did the currencies of mozambique first come in circulation
when did the currencies of mozambique first come in circulation
16 June 1980
16 June 1980