Silver price in Mozambican Metical (MZN) — Mozambique
Today, 999 fine silver costs about 162.66 MZN per gram in Mozambique — roughly 5,059 MZN per troy ounce and 162,660 MZN per kilogram. Prices come from the global XAG/USD spot rate, converted into Mozambican Metical at Mozambique's parallel-market exchange rate.
How the silver price in MZN is calculated
Silver is quoted internationally in US dollars per troy ounce (XAG/USD). To express it in Mozambican Metical, we convert the spot price to a per-gram figure, apply the purity factor, and convert to MZN at Mozambique's parallel exchange rate — the rate at which dollars actually trade, rather than the lower official Bank of Mozambique (BM) rate.
Silver units and purities (gram, ounce, kilogram)
One troy ounce equals 31.1035 grams and one kilogram is 1,000 grams, so the per-ounce price is the per-gram price times 31.1035, and the per-kilo price is times 1,000. Purity is given in thousandths: 999 is fine (investment) silver, 925 is sterling, 900 and 800 are common in coins. A 925 piece is worth about 92.5% of the 999 price for the same weight.
Why silver prices follow the parallel market in Mozambique
The metical's parallel quote tends to surface around large import payments and shifts in commodity earnings. Like gold, silver is a dollar-priced store of value, so its MZN price climbs as the parallel rate weakens. Tracking silver in Mozambican Metical gives a low-cost read on the same currency pressures that move gold and the street dollar.