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This will help you get the best exchange rate for your transaction. There are strict requirements on entry to the country so make sure you know what is required before you go so your paperwork is in order. (1000 ZMK). Free shipping. The Brits once had quite an influence in Zambia, and this was partially represented by Zambia’s albeit brief use of the Zambian pound (their version of the British pound). 226,016,892 stock photos, vectors and videos, Zambia currency - Kwacha notes from 2 to 100 Kwacha - the Zambian currency, Africa, https://www.alamy.com/licenses-and-pricing/?v=1, https://www.alamy.com/zambia-currency-kwacha-notes-from-2-to-100-kwacha-the-zambian-currency-image68509509.html, https://www.alamy.com/stock-photo-zambia-bank-notes-18309034.html, African fish eagle from 50 Kwacha banknote, Zambia, 1986, https://www.alamy.com/stock-photo-african-fish-eagle-from-50-kwacha-banknote-zambia-1986-54098377.html, https://www.alamy.com/stock-photo-south-african-bank-notes-23364263.html, Portrait of President Kenneth Kaunda from 2 Kwacha banknote, Zambia, 1988, https://www.alamy.com/stock-photo-portrait-of-president-kenneth-kaunda-from-2-kwacha-banknote-zambia-54095125.html, https://www.alamy.com/20-zambian-kwacha-image230041665.html, 50 Kwacha banknote, African fish eagle and Chainbreaker statue, Zambia, 2003, https://www.alamy.com/stock-photo-50-kwacha-banknote-african-fish-eagle-and-chainbreaker-statue-zambia-54102119.html, https://www.alamy.com/zambian-kwacha-a-business-background-image242061272.html, 2 Kwacha banknote, President Kenneth Kaunda, African fish eagle and teacher with student, Zambia, 1988, https://www.alamy.com/stock-photo-2-kwacha-banknote-president-kenneth-kaunda-african-fish-eagle-and-54102093.html, https://www.alamy.com/stock-photo-20-000-kwacha-banknote-from-zambia-41271692.html, 50 Kwacha banknote, President Kenneth Kaunda, African fish eagle and Chainbreaker statue, Zambia, 1986, https://www.alamy.com/stock-photo-50-kwacha-banknote-president-kenneth-kaunda-african-fish-eagle-and-54102108.html. The design of the kwacha bill changed as time went on, also, different bills were either introduced in or withdrawn from circulation. Watermark: President Kenneth Kaunda. You will find plenty to see and do here to keep you busy all day. On the other hand, the preexisting K20 banknote was removed from circulation due to its extremely low purchasing power. The new design resulted in a lot of confusion between the existing 50 ngwee bill and the new 5 kwacha one. All these coins, both from the older and newer series still remain legal tender. The obverse of the five banknotes featured a portrait of president Kenneth Kaunda in tribal outfit on the right, together with the Coat of Arms of Zambia on the left on the 50 ngwee banknote, or at upper center on the kwacha banknotes. [5] … 7 left. In 2003, Zambia became the first African country to issue polymer banknotes. [7] The recommendations were assented to the parliament on November 3, 2012. Seven emissions of the first kwacha are known to exist, while only one emission of the second kwacha was introduced in circulation on January 1, 2013, and still existing since then without any changes in design or security features. Try and get your cash from inside the bank if at all possible and take care. All bills bore the signatures of Mr Luke J. Mwananshiku, the fifth governors of the Bank of Zambia, except for the two kwacha banknotes, which retained the signature of Mr Bitwell R. Kuwani. Thus, by January 16, 1968, all Zambian pound notes and coins were removed from circulation and replaced by the new kwacha notes, and ngwee coins. School on the left. The old currency unit was divided by 1000, hence, removing three zeros from the preexisting K50,000, K20,000, K10,000, K5,000, and K1,000. The official currency of Zambia is the Zambian Kwacha (ZMK) which fluctuates quite regularly. [15] Apart from the issued note, a specimen banknote was also issued in celebration of the same occasion. SET Zambia, 2;5 Kwacha, 2018, P-49-50-New, Upgraded Security UNC. It has borders with several other countries, starting with the Democratic Republic of Congo to the north. These two were struck until 1983, with production of the 5 and 10 ngwee ceasing in 1987 and that of the 20 ngwee in 1988. Incidentally until fairly recently the coins were no longer used in trade. ZAMBIA 20 KWACHA 1988 P 27 UNC (10 NOTES) 10 PCS. In 2013, a new, redenominated kwacha was introduced[2]. … Although the old currency ceased to be legal tender four days later, the Bank of Zambia Deputy Governor, announced that residents who were still holding to the old currency, especially those living in rural areas, could still be able to exchange the old currency for the new one through commercial banks, and other designated agents.

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