Kwacha

The kwacha is the name of the monetary unit of Zambia (since 1968) and of Malawi (since 1970). The Zambian kwacha (ISO 4217: ZMK) is divided into 100 ngwee; the Malawian kwacha (ISO 4217: MWK) into 100 tambala.

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

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Zambia_K1000.jpg
Zambia's K1000 banknote

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

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See also: Kwacha, 1968, 1970, 2003, Africa, Algerian dinar, Ariary, Bemba language