Send help, donate channel [ Ссылка ] The monetary unit of the Republic of Zambia is the Zambian Kwacha, ngwee component 100 and issued by the Bank of Zambia. In the cash circulation there are banknotes 20, 50, 100, 500, 1000, 5000, 10 000, 20 000, 50 000 Kwacha.

Prior to November 16, 1964, the monetary unit of Zambia was the pound of Rhodesia and Nyasaland which has been equal to pound sterling and served as common currency for all three territories of the Federation of Rhodesia and Nyasaland (see Zimbabwe). 16 November 1964 began to be Zambian pound equal to the pound sterling.

Equality Zambian pound with the pound sterling was maintained until the devaluation of the pound sterling in November 1967, 16 January 1968, the transition to a decimal monetary system. New currency is announced, the Kwacha, divided into 100 ngwee in Zambia is equivalent to 10 shillings. Obverse side of the banknote of 20 000 kwachas (the size — 145 x 70 mm, primary colours — purple, olive) are decorated with images of eagle on the branch of a tree and the state emblem of Zambia in a disk, on the reverse is a sculpture of a slave who breaks the chain, antelope and miners. On the front side of the banknote denomination of 50 000 kwachas (the size — 145 x 70 mm, primary colours — blue, brown, orange and blue) also posted pictures of an eagle sitting on the branch of a tree and the state emblem of Zambia in a disk, on the back you can see the sculpture of a slave, as well as the National Bank building and the image of the leopard.

For protection of authenticity of banknotes watermarks are used, having the form of an eagle and a digital designation of nominal value, windowed security thread printed microtext, which is across the banknote, and forms a dotted line and a Golden hologram of the map of Zambia, when considering it from different angles visible to the eagle, denomination numeral with the prefix "K".

Translated from one of the local dialects the name of the modern national currencies of Zambia means "freedom". Thus, the name of the national currency of Zambia symbolizes the spirit of freedom and national independence of this African country.

Banknote of 20 Kwacha although it is in circulation, but in fact has become a rarity, so most major retailers round their prices to the nearest 50 Kwacha when calculating a total amount.

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