Mozambican metical Mozambican metical The metical (plural: "meticais") is the currency of Mozambique, abbreviated with the symbol "MZN" or "MT". It is nominally divided into 100 centavos. The name "metical" comes from Arabic ("mithqāl"), a unit of weight and an alternative name for the gold dinar coin that was used throughout much of Africa until the 19th century. 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
Assembly of the African Union on 25 May 1963, as part of the ratification of Organization of African Unity (OAU). Initially the Assembly consisted of 32 independent members, the heads of state of the African states that had achieved independence by 1963. Until 2001, the governing constitution of the Assembly was the OAU Charter. The Assembly is now subject to the Union Act that created the African Union. The Assembly has nine basic functions: The Assembly shall take its decisions by consensus or, failing which, by a two-thirds majority of the Member States of the Union. However, procedural matters, including the question of whether a