The real was the currency of Mozambique

Mozambique

Mozambique, officially the Republic of Mozambique , is a country in southeastern Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west and Swaziland and South Africa to the southwest...

 until 1914. It was equivalent to and circulated alongside the Portuguese real

Portuguese real

The real was the unit of currency of Portugal from around 1430 until 1911. It replaced the dinheiro at the rate of 1 real = 840 dinheiros and was itself replaced by the escudo at a rate of 1 escudo = 1000 réis...

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History

Coins specific for Mozambique were issued until 1853, whilst the first banknotes appeared in 1877. The real was replaced by the escudo

Mozambican escudo

The escudo was the currency of Mozambique from 1914 until 1980. It was subdivided into 100 centavos.-History:The escudo replaced the real at a rate of 1 escudo = 1000 réis. It was equal in value to the Portuguese escudo until 1977. Initially, Mozambique had its own paper money but used Portuguese...

 at a rate of 1 escudo = 1000 réis.

Coins

Copper coins were issued specifically for Mozambique in denominations of 1, 2, 20, 40 and 80 réis. Between 1835 and 1851, crude, rectangular coins were issued. There were silver onca, worth 2880 réis, and gold 1¼ and 2½ meticais. Various foreign coins were countermarked in 1889 for use in Mozambique.

Banknotes

The Banco Nacional Ultramarino

Banco Nacional Ultramarino

Banco Nacional Ultramarino was a Portuguese bank with operations throughout the world, especially in Portugal's former overseas provinces. It ceased existence as an independent legal entity in Portugal following its merger with Caixa Geral de Depósitos, the government-owned savings bank, in...

 issued notes for 5000 and 20,000 réis in 1877. Additional denominations of 1000, 2000, 2500 and 10,000 réis were issued in 1878, followed by 50,000 réis in 1897. In 1909, notes were also issued denominated in libra esterlina (pound sterling

Pound sterling

The pound sterling , commonly called the pound, is the official currency of the United Kingdom, its Crown Dependencies and the British Overseas Territories of South Georgia and the South Sandwich Islands, British Antarctic Territory and Tristan da Cunha. It is subdivided into 100 pence...

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