Zambian kwacha

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The Zambian kwacha has been the official currency of Zambia since 1968. It replaced the Zambian pound at a rate of 2 kwacha = 1 pound. The kwacha (ISO 4217: ZMK) is divided into 100 ngwee.

The name derives from the Bemba word for "dawn", alluding to the Zambian nationalist slogan of a "new dawn of freedom".

The name ngwee translates as "bright" in the Nyanja language.

In 2003 Zambia was the first African country to issue polymer banknotes. The K500 and K1000 are both printed on polymer.

Contents

1 Coins

1.1 Old Coins
1.2 Current coins

2 Banknotes

2.1 Old Banknotes
2.2 Current Banknotes

3 See also
4 References

Coins

Old Coins

½, 1, 2 ngwee - 1968 - bronze

5, 10, 20 ngwee - 1968 - copper nickel

50 ngwee - 1969 FAO - copper-nickel [click for image]

Current coins

25 and 50 ngwee. 1, 5, and 10 kwacha - 1992 [click for image]

Although these coins remain legal tender, their diminished value, due to inflation, means that they are seldom seen or used.

10 Kwacha = US $12.00 (1968) = 1/3 cent US (2006)

Banknotes

Old Banknotes

Older banknotes of :

50 ngwee (1/2 Kwacha) (1968-73) [click for image];

1 kwacha (1968-80) [click for obverse image] [click for reverse image];

2 kwacha (1968-88) [click for obverse image] [click for reverse image];

5 kwacha (1973-89) [click for obverse image] [click for reverse image]; and

10 kwacha (1968-91) [click for image]

were replaced by coins.

Current Banknotes

20 kwacha (Fish eagle; kudu, building) [click for image]
50 kwacha (Fish eagle; zebra, foundry) [click for image]
100 kwacha (Fish eagle; buffalo, waterfalls) [click for image]
500 kwacha (Fish eagle; elephant, cotton) [click for image]
1,000 kwacha (Fish eagle; tractor) [click for image]
5,000 kwacha (Fish eagle; lion)

[click for obverse image] [click for reverse image]

10,000 kwacha (Fish eagle, hologram; porcupine) [click for image]
20,000 kwacha (Fish eagle, hologram; antelope) [click for image]
50,000 kwacha (Fish eagle, hologram; leopard) [click for image]

References

From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.

Currencies of Africa
North	Algerian dinar > Euro (Plaza de soberanía) \| Egyptian pound \| Libyan dinar \| Mauritanian ouguiya \| Moroccan dirham \| Sudanese dinar \| Tunisian dinar
Central	Angolan kwanza > Burundian franc \| Central African CFA franc (Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon) \| Congolese franc \| Rwandan franc
West	Cape Verdean escudo > Euro (Azores, Canary Islands, Madeira) \| Gambian dalasi \| Ghanaian cedi \| Guinean franc \| Liberian dollar \| Nigerian naira \| São Tomé and Príncipe dobra \| Sierra Leonean leone \| West African CFA franc (Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo)
East	Comorian franc > Djiboutian franc \| Eritrean nakfa \| Ethiopian birr \| Kenyan shilling \| Seychelles rupee \| Somali shilling \| Somaliland shilling \| Tanzanian shilling \| Ugandan shilling
South	Botswana pula > Euro (Mayotte, Réunion) \| Lesotho loti \| Malawian kwacha \| Malagasy ariary \| Mauritian rupee \| Mozambican metical \| Namibian dollar \| Norwegian krone (Bouvet Island de jure) \| Saint Helena pound \| South African rand \| Swazi lilangeni \| Zambian kwacha \| Zimbabwean dollar
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