“Mozambique’s stunning coastline, vibrant culture, and rich colonial history make it an exciting travel destination, where knowing how to handle money is key to a smooth trip. Whether you’re exploring Maputo’s bustling markets, relaxing on the beaches of Tofo, or enjoying fresh seafood along the Indian Ocean, this guide covers everything you need to know—what currency to bring, the best ways to get money and currency in Mozambique (Mozambican Metical (MZN)), cash safety tips, and essential dos and don’ts. With these insights, you’ll avoid unnecessary fees and enjoy Mozambique’s unique blend of African and Portuguese influences without financial worries.
How to pay in Mozambique – cash or card
In Mozambique, cash remains the predominant method of payment, especially for everyday transactions.While digital payment methods are gradually being introduced, their adoption is still limited. Establishments mainly conducted transactions in cash, with the acceptance of cheques and other payment instruments being marginal.
You can use cash for:
Public Transportation: Buses and local taxis (chapas) primarily operate on cash payments.
Local Markets and Street Vendors: Purchases at traditional markets and street stalls are predominantly cash-based.
Small Businesses: Many small or family-run shops and eateries prefer cash transactions.
Tips and Gratuities: It’s customary to tip in cash for services such as dining, tour guides, and hotel staff.
Rural Areas: In less urbanized regions, electronic payment facilities are often limited, making cash essential.
You can use card for:
Hotels: Major hotels, especially in urban and tourist areas, accept credit and debit cards.
Restaurants and Cafés: Upscale dining establishments in cities may facilitate card payments.
Retail Stores: Some supermarkets and branded stores in larger cities accept cards, but it’s advisable to confirm beforehand.
Car Rentals and Travel Agencies: Established agencies typically offer card payment options.
Online Bookings: Reservations for flights, hotels, and tours can usually be made using cards.
What’s the best currency to take to Mozambique?
Mozambican Metical (MZN) is typically the best currency to take if you are traveling to Mozambique. Paying or withdrawing cash in the local currency comes with the least amount of fees, sometimes fee-free too.
In southern regions, especially near the South African border, the South African Rand (ZAR) is widely accepted due to proximity and frequent cross-border trade. In central and northern areas, the US Dollar (USD) is more commonly accepted. However, paying in foreign currencies may result in unfavorable exchange rates. Therefore, it’s advisable to pay in MZN to avoid losing money.
Euros or British Pounds are not widely accepted here.
Where to get currency in Mozambique?
There are 3 main ways to get cash in Mozambique. They are:
ATMs, or
Currency exchange, or
Money transfer & local pick-up
Types of cards to swipe in Mozambique
Visa and Mastercard transactions are commonly accepted for swiping. You might also find some places that accept Amex and other cards, albeit less frequently.
Should I exchange money before travelling to Mozambique?
Bringing a small amount of Mozambican Metical (MZN) before traveling can be useful for immediate expenses like taxis, tips, and small purchases. However, exchange rates outside Mozambique are often poor, and many foreign banks do not stock MZN, making it difficult to obtain in advance.
Withdrawing MZN from ATMs in Mozambique is the most convenient option, as ATMs are widely available in airports, cities, and tourist areas. Most ATMs accept Visa and Mastercard, while Cirrus, Plus, and Maestro cards may have limited acceptance. Check your bank’s international withdrawal fees before traveling.
It’s best to exchange money in Mozambique at banks or licensed exchange bureaus, which offer better rates than airports or hotels. If you need local cash upon arrival, exchange only a small amount at the airport.
Carrying a mix of cash and cards is advisable. If bringing USD, EUR, or ZAR (South African Rand), they can be exchanged easily in Mozambique at banks or currency exchange offices. USD and ZAR are sometimes accepted in tourist areas, but paying in MZN ensures the best value.
Where to withdraw money in Mozambique?
You can withdraw money in Mozambique at leading bank ATMs in the country. The best ATMs for foreigners to use in Mozambique are those owned by popular banks such as:
BCI
FNB Bank
Moza Banco
Ecobank
Nedbank
Absa Bank
There are other banks with ATMs that also accept international debit and credit cards.
There are no known Global ATM Alliance member banks or All Points network banks in Mozambique.
Where to exchange currency in Mozambique
You can exchange currency in Mozambique at licensed exchange bureaus or banks.
Currency Exchange Offices: In Mozambique, currency exchange offices are commonly referred to as “Casas de Câmbio.” These are widely available in tourist areas, shopping centers, and airports. Notable providers include: FX Exchange and Impex Foreign Exchange Bureau.
Banks: Major banks such as Banco Internacional de Moçambique (BIM), Standard Bank, and Barclays Bank Mozambique offer currency exchange services. These banks have branches throughout cities, providing reliable services. Operating hours are typically from 8:00 AM to 3:00 PM on weekdays.
You can find good currency exchanges using the ATM Fee Saver app—it will guide you to the nearest currency exchange on the map. The app helps you with forex places in 100+ countries, including Mozambique.
Avoid Airport Exchanges and no-fee exchange offices: Currency exchange services at airports often have less favorable rates and higher fees. It’s generally better to exchange money in the city for better rates and lower charges.
Is carrying cash in Mozambique safe?
Carrying money in Mozambique is not safe. Petty crime, including pickpocketing and bag-snatching, is common, especially in busy markets, public transportation, and tourist areas. Violent crime, including muggings, can also occur. Using ATMs in isolated or poorly lit areas increases the risk of robbery. Keep cash to a minimum, and use digital payments or card transactions where possible.
To keep your cash safe:
Carry only small amounts and avoid displaying money in public.
Use a money belt or concealed pouch.
Withdraw cash from ATMs in secure locations, such as inside banks or hotels.
Stay alert, especially in crowded areas.
Is it better to use debit or credit cards or pay by cash in Mozambique
Use a card if it is fee-free i.e. your bank does not charge any fees to swipe the card, when the merchant / POS also does not impose any extra charge to use a card, you need to use the insurance of the card, don’t want to block cash of large purchases and card’s swipe fees are lower than withdrawal fees.
Pay by cash by withdrawing cash from ATM or exchanging currency where – fees on ATM withdrawals are lesser than fees on swiping cards, you don’t want to leave any digital footprint of your expenses, it is convenient and easier to conduct transactions.
