Zambian Kwacha: Difference between revisions

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<small><sup>2</sup> ''Last Issued:'' refers to the year of last issue of the actual banknote from the same emission.</small>
<small><sup>2</sup> ''Last Issued:'' refers to the year of last issue of the actual banknote from the same emission.</small>


====Second emission (1969-1973)====
====Third issue (1974-1976)====
In 1969, a second emission of the Zambian kwacha was issued. Initially, the emission comprised the same five banknotes of the first emission, and all five denominations bore the signatures of Dr Justin B. Zulu, Mr Valentine S. Musakanya, and that of Mr Bitwell R. Kuwani, the second, third, and forth governors of the Bank of Zambia, respectively, except for the 50 ngwee bills that never existed with Dr Zulu's signature, as well as the 1 kwacha bills that never showed Mr Kuwani's signature. The second emission banknotes were exactly similar to these of the first emission, except for a slight difference, in which the dot (•) between the currency symbol and the face value was removed. The banknotes were printed by [[De La Rue|Thomas De La Rue & Co. Limited]], and [[specimen banknote]]s were issued for each denomination, with the word SPECIMEN [[overprint]] in red [[Sans-serif|sans]] on both the obverse and reverse.
 
Prior to the third issue, short-lived designs of the obverses of the 10 and 20 kwacha banknotes were introduced. The new banknotes were printed by the [[United Kingdom|English]] [[engraving]], and [[printing]] company [[Bradbury Wilkinson and Company|Bradbury, Wilkinson & Co.]] The new designs featured an older portrait of president Kenneth Kaunda, without the usual frame design, and bearing the signature of Mr Bitwell R. Kuwani. Specimen banknotes were issued for both banknotes, with the word SPECIMEN overprint in red sans on both the obverse and reverse. Thanks to their scarcity, both bills are the most expensive banknotes of the Zambian collection among [[Notaphily|notaphilists]].


{| class="wikitable"
{| class="wikitable"
Line 310: Line 311:
! Description
! Description
|-
|-
| Fifty Ngwee
| Ten Kwacha
| P-9
| P-17
| [[File:Zambia P-9 O.jpg|250px]]
| [[File:Zambia P-17 O.jpg|250px]]
| [[File:Zambia P-9 R.jpg|250px]]
| [[File:Zambia P-17 R.jpg|250px]]
| 1970
| 1974
| 1972
| 1974
|<small>'''Obverse:''' Red-violet on multicolor [[underprint]]. A [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] on the left. No dot between the currency symbol and face value.</small><br>
|<small>'''Obverse:''' Blue on multicolor [[underprint]]. An older [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center.</small><br>
<small>'''Reverse:''' [[Lechwe|Southern lechwe]] in the [[Kafue Flats]].</small><br>
<small>'''Reverse:''' [[Victoria Falls]] on the [[Zambezi River]] at center..</small><br>
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
|-
| Twenty Kwacha
| P-18
| [[File:Zambia P-18 O.jpg|250px]]
| [[File:Zambia P-18 R.jpg|250px]]
| 1974
| 1974
| <small>'''Obverse:''' Red and purple on multicolor [[underprint]]. An older [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center.</small><br>
<small>'''Reverse:''' [[National Assembly (Zambia)|National Assembly]] building in [[Lusaka]] at center.</small><br>
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
|}
<small><sup>1</sup> ''First Issued,'' refers to the year of first issue of the actual banknote from the same emission.</small><br>
<small><sup>2</sup> ''Last Issued:'' refers to the year of last issue of the actual banknote from the same emission.</small>
In 1976, a four bills third issue was issued, in which the old frame design was re-adopted once again. Banknotes with all denominations were reproduced, except for the twenty kwacha bill, which was never issued in spite of being redesigned . 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. The third emission banknotes were exactly similar to these of the second emission, except for president [[Kenneth Kaunda]]'s portrait, where an older portrait replaced the younger portrait appearing on the first, and second emissions. The banknotes were once again printed by [[De La Rue|Thomas De La Rue & Co. Limited]], and [[specimen banknote]]s were issued for each denomination, with the word SPECIMEN [[overprint]] in red [[Sans-serif|sans]] on both the obverse and reverse.
{| class="wikitable"
|- style="background:#2E8B57;"
! Denomination
! [[Standard Catalog of World Paper Money|Pick]]
! Obverse
! Reverse
! F.I<sup>1</sup>
! L.I<sup>2</sup>
! Description
|-
|-
| One Kwacha
| One Kwacha
| P-10
| P-19
| [[File:Zambia P-10 O.jpg|250px]]
| [[File:Zambia P-19 O.jpg|250px]]
| [[File:Zambia P-10 R.jpg|250px]]
| [[File:Zambia P-19 R.jpg|250px]]
| 1969
| 1976
| 1972
| 1980
| <small>'''Obverse:''' Dark brown on multicolor [[underprint]]. A [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center. No dot between the currency symbol and face value.</small><br>
| <small>'''Obverse:''' Dark brown on multicolor [[underprint]]. An older [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center.</small><br>
<small>'''Reverse:''' Farmer plowing field with [[tractor]]. Another two farmers plowing the same field with four [[ox]]en.</small><br>
<small>'''Reverse:''' Farmer plowing field with [[tractor]]. Another two farmers plowing the same field with four [[ox]]en.</small><br>
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
|-
|-
| Two Kwacha
| Two Kwacha
| P-11
| P-20
| [[File:Zambia P-11 O.jpg|250px]]
| [[File:Zambia P-20 O.jpg|250px]]
| [[File:Zambia P-11 R.jpg|250px]]
| [[File:Zambia P-20 R.jpg|250px]]
| 1969
| 1976
| 1973
| 1980
| <small>'''Obverse:''' Green on multicolor [[underprint]]. A [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center. No dot between the currency symbol and face value.</small><br>
| <small>'''Obverse:''' Green on multicolor [[underprint]]. An older [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center.</small><br>
<small>'''Reverse:''' Copper mining facility. Mining tower at the center, and conveyor belt on the left.</small><br>
<small>'''Reverse:''' Copper mining facility. Mining tower at the center, and conveyor belt on the left.</small><br>
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
|-
| Five Kwacha
| P-21
| [[File:Zambia P-21 O.jpg|250px]]
| [[File:Zambia P-21 R.jpg|250px]]
| 1976
| 1980
| <small>'''Obverse:''' Red-violet on multicolor [[underprint]]. An older [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center.</small><br>
<small>'''Reverse:''' Child painting and children in class at center. School on the left.</small><br>
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
|-
|-
| Ten Kwacha
| Ten Kwacha
| P-12
| P-22
| [[File:Zambia P-12 O.jpg|250px]]
| [[File:Zambia P-22 O.jpg|250px]]
| [[File:Zambia P-12 R.jpg|250px]]
| [[File:Zambia P-22 R.jpg|250px]]
| 1969
| 1976
| 1973
| 1980
| <small>'''Obverse:''' Blue on multicolor [[underprint]]. A [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center. No dot between the currency symbol and face value.</small><br>
| <small>'''Obverse:''' Blue on multicolor [[underprint]]. An older [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center.</small><br>
<small>'''Reverse:''' [[Victoria Falls]] on the [[Zambezi River]] at center.</small><br>
<small>'''Reverse:''' [[Victoria Falls]] on the [[Zambezi River]] at center.</small><br>
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
|-
|-
| Twenty Kwacha
| Twenty Kwacha
| P-13
| P-22A
| [[File:Zambia P-13 O.jpg|250px]]
|
| [[File:Zambia P-13 R.jpg|250px]]
|
| 1969
| N/A
| 1973
| N/A
| <small>'''Obverse:''' Purple on multicolor [[underprint]]. A [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center. No dot between the currency symbol and face value.</small><br>
| <small>'''Obverse:''' Purple, and red on multicolor [[underprint]]. An older [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center.</small><br>
<small>'''Reverse:''' [[National Assembly (Zambia)|National Assembly]] building in [[Lusaka]] at center.</small><br>
<small>'''Reverse:''' [[National Assembly (Zambia)|National Assembly]] building in [[Lusaka]] at center.</small><br>
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
Line 363: Line 399:
<small><sup>2</sup> ''Last Issued:'' refers to the year of last issue of the actual banknote from the same emission.</small>
<small><sup>2</sup> ''Last Issued:'' refers to the year of last issue of the actual banknote from the same emission.</small>


During the second emission period, a [[Zambian kwacha#Commemorative banknotes|commemorative banknote of 1 kwacha]] was issued in celebration of the declaration of [[One-party state]] on December 13, 1972. The banknote was not a legal tender, and had a different frame design than the banknotes of both, the first and second issues.
{|class = "wikitable"
!Denomination!!Dates
|-
|50 ngwee||1968-1973
|-
|1 kwacha||1968-1988
|-
|2 kwacha||1968-1989
|-
|5 kwacha||1973-1989
|-
|10 kwacha||1968-1991
|-
|20 kwacha||1968-1992
|-
|50 kwacha||1986-2013
|-
|100 kwacha||1991-2013
|-
|500 kwacha||1991-2013
|-
|1000 kwacha||1992-2013
|-
|5000 kwacha||1992-2013
|-
|10,000 kwacha||1992-2013
|-
|20,000 kwacha||2003-2013
|-
|50,000 kwacha||2003-2013
|}


Later on in 1973, the Bank of Zambia issued the 5 kwacha banknote for the first time. A red-violet on multicolour [[underprint]] design was chosen for the new bill note. The new design resulted in a lot of confusion between the existing 50 ngwee bill and the new 5 kwacha one. This urged the Bank of Zambia to adopt a new design for the 50 ngwee banknotes in 1973. A new black and lilac on multicolor underprint was used for easy recognition, nevertheless, this was the last issue of the 50 ngwee banknotes as it was replaced later by a coin. The two new banknotes bore the signature of Mr Bitwell R. Kuwani, and were printed by [[De La Rue|Thomas De La Rue & Co. Limited]]. [[Specimen banknote]]s were issued for both denominations, with the word SPECIMEN [[overprint]] in red [[Sans-serif|sans]] on both the obverse and reverse.
Until 1991, all Zambian banknotes featured a portrait of President [[Kenneth Kaunda]] on the obverse. After 1992, all notes have instead featured a [[African fish eagle|fish eagle]] on the obverse. After 1989, all the reverses featured the Chainbreaker statue. In 2003, Zambia became the first African country to issue [[polymer banknotes]]. The 500 and 1000 kwacha were both printed on polymer. Although the old 20 kwacha note was still in circulation until 2012, such is the rarity of this note that most major retailers rounded prices up to the nearest 50 kwacha when calculating a total. Most items in major supermarkets were displayed using 20 kwacha in the value (e.g., 1980 kwacha).


==See also==
==See also==
Retrieved from "http://www.chalochatu.org/Zambian_Kwacha"