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🇲🇿 Silver Price Today in Mozambique | MT4,655.36
Live silver price in Mozambican Metical (MZN) — updated every minute
Last updated: May 5, 2026, 12:57 AM ET
Per Gram (MZN)
MT149.6732
Per Troy Oz (MZN)
MT4,655.36
Per Kg (MZN)
MT149,673
USD/Silver Spot
$72.74/oz
USD/MZN Rate
1 USD = 64 MZN
Gold/Silver Ratio
62.3:1
Silver Market in Mozambique
Mozambique is primarily known for coal, natural gas, and rubies, but silver mining is emerging in Manica, Tete, and Zambézia provinces. Artisanal silver mining communities are active along the Zimbabwean border. The country's economy has faced significant currency pressures, making silver an increasingly attractive asset for those with savings.
Why do people in Mozambique invest in silver?
Mozambique's metical has faced persistent depreciation, driven by debt crises and natural disasters. For middle-class Mozambicans, silver jewelry serves as both cultural expression and a financial safeguard. Growing Chinese investment in infrastructure and mining has increased awareness of silver as a tradeable global commodity.
Frequently Asked Questions — Silver in Mozambique
What is the silver price today in Mozambique in meticais?
The silver price in Mozambican meticais is calculated from the international USD spot price at the USD/MZN exchange rate. Mozambique's currency has depreciated significantly in recent years, so local silver prices have risen substantially in metical terms.
Is there silver mining in Mozambique?
Yes. Mozambique has artisanal silver production in Manica, Tete, and Zambézia provinces. Several international junior mining companies are exploring larger deposits. silver is currently a small but growing export compared to coal, LNG, and rubies.
Why do Mozambicans buy silver jewelry?
silver jewelry is culturally valued as a symbol of status and wealth, especially for weddings and ceremonies. Given the metical's historical weakness, silver jewelry also functions as a portable store of value that retains purchasing power better than cash savings.