Zambia

Zambia new 50-kwacha commemorative note reported

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According to a Zambia Daily Mail article dated 23 October 2014, the Bank of Zambia has unveiled a new 50-kwacha note commemorating the 50th anniversary of independence (24 October 1964). The commemorative note depicts the portraits of the five heads of state—founding President Kenneth Kaunda, former presidents Frederick Chiluba, Levy Mwanawasa and Rupiah Banda, and the incumbent President Michael Sata—and has “50th Independence Anniversary” wording.

The new note is legal tender and bears the same security features as the current note of the same denomination, and the two will circulate in parallel.

Courtesy of Aidan Work.

Zambia new commemorative note planned for October 2014

According to an article on LusakaTimes dated 8 August 2014, the Bank of Zambia will honor all heads of state—President Sata, Dr Kenneth Kaunda, late Dr Frederick Chiluba, late Dr Levy Mwanawasa, and Mr Rupiah Banda—by incorporating their portraits on a commemorative banknote to be issued in October this year, as part of the golden jubilee celebrations to be held on 24 October 2014.

The bank also launched a book titled, “50 years of Central Banking,” with Dr Gondwe urging interested parties to take keen interest and obtain the book or purchase the coin from BoZ offices in Ndola and Lusaka.

Zambia new date (2013) 20-kwacha note confirmed

20 kwacha, 2012. Liike BOZ B55, but new date. Prefix DG/12.

Courtesy of Garry Craig.

Zambia new date (2013) kwacha notes confirmed

2 kwacha, 2013. Like BOZ B52a, but new date.

5 kwacha, 2013. Like BOZ B53a, but new date.

10 kwacha, 2013. Like BOZ B54a, but new date.

100 kwacha, 2013. Like BOZ B57a, but new date.

Courtesy of Garry Craig.

Zambia new date (2012) 5,000-kwacha note confirmed

5,000 kwacha, 2012. Like BOZ B47, but new date.

Courtesy of Garry Craig (http://www.garrysue.net).

Zambia rebased kwacha notes confirmed

Zambia_BOZ_2_kwacha_2012.00.00_B52a_PNL_AB-12_7101017_fZambia_BOZ_2_kwacha_2012.00.00_B52a_PNL_AB-12_7101017_rZambia_BOZ_2_kwacha_2012.00.00_B52a_PNL_AB-12_7101017_sig
BOZ B52 (PNL): 2 kwacha (US$0.40)
Gray. Front: Coat of arms; dove; trees; fish eagle perched on branch. Back: Roan antelope; two woman with baskets and produce; Freedom Statue in Lusaka. Windowed security thread with demetalized BOZ 2. Watermark: Fish eagle and electrotype 2 plus fish eagle. Printer: Giesecke & Devrient. 140 x 70 mm.
a. 2012. Signature 13. Intro: 01.01.2013.
Replacement notes: Prefix denominator X.

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BOZ B53 (PNL): 5 kwacha (US$0.95)
Purple. Front: Coat of arms; dove; murera/acacia/mopani tree; fish eagle perched on branch. Back: Lion head; root cassave plant and leaves; Freedom Statue in Lusaka. Windowed security thread with demetalized BOZ 5. Watermark: Fish eagle and electrotype 5 plus fish eagle. Printer: Giesecke & Devrient. 140 x 70 mm.
a. 2012. Signature 13. Intro: 01.01.2013.

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BOZ B54 (PNL): 10 kwacha (US$1.90)
Aqua. Front: Coat of arms; dove; musuku tree; fish eagle perched on branch. Back: Porcupine; workers harvesting rice paddy; Freedom Statue in Lusaka. Holographic LEAD stripe. Windowed security thread with demetalized BOZ 10. Watermark: Fish eagle and electrotype 10 plus fish eagle. Printer: Giesecke & Devrient. 145 x 70 mm.
a. 2012. Signature 13. Intro: 01.01.2013.

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BOZ B55 (PNL): 20 kwacha (US$3.80)
Brown. Front: Coat of arms; dove; mukwa tree; fish eagle perched on branch. Back: Black lechwe (kobus leche) antelope; men working pneumatic drill in mine; Freedom Statue in Lusaka. Holographic LEAD stripe. Windowed security thread. Watermark: Fish eagle and electrotype 20 plus fish eagle. Printer: Giesecke & Devrient. 145 x 70 mm.
a. 2012. Signature 13. Intro: 01.01.2013.

Zambia_BOZ_50_kwacha_2012.00.00_B56a_PNL_EA-12_9840710_fZambia_BOZ_50_kwacha_2012.00.00_B56a_PNL_EA-12_9840710_r
BOZ B56 (PNL): 50 kwacha (US$9.50)
Blue. Front: Coat of arms; dove; fish eagle; fig tree in Kabwe; fish eagle perched on branch. Back: Leopard; Bank of Zambia building; Freedom Statue in Lusaka. Holographic LEAD stripe. Windowed security thread. Watermark: Fish eagle and electrotype 50 plus fish eagle. Printer: Giesecke & Devrient. 145 x 70 mm.
a. 2012. Signature 13. Intro: 01.01.2013.

Zambia_BOZ_100_kwacha_2012.00.00_B57a_PNL_FB-12_7708510_fZambia_BOZ_100_kwacha_2012.00.00_B57a_PNL_FB-12_7708510_r
BOZ B57 (PNL): 100 kwacha (US$19)
Olive green. Front: Coat of arms; dove; fish eagle; musuku tree; fish eagle perched on branch. Back: Buffalo; National Assembly of Zambia building; Freedom Statue in Lusaka. Holographic LEAD stripe. Windowed security thread. Watermark: Fish eagle and electrotype 100 plus fish eagle. Printer: Giesecke & Devrient. 145 x 70 mm.
a. 2012. Signature 13. Intro: 01.01.2013.

Anyone interested in buying one of these notes can contact the contributor by clicking the first two links below.

Courtesy of Hartmut Fraunhoffer (www.banknoten.de), Maambo Kasonde (makas70@gmail.com), JR and Garry Craig (http://www.garrysue.net).

Zambia new date (2012) 20,000-kwacha note confirmed

20,000 kwacha (US$3.80), 2012. Like BOZ B49 (P47), but new date.

Courtesy of Garry Craig.

Zambia new currency issued 01.01.2013

According to the Bank of Zambia's Currency Rebasing Technical Guidelines dated August 2012, the new currency (ISO code ZMW) will be introduced 1 January 2013, and old notes will cease to be legal tender as of 30 June 2013, but may be exchanged at the Bank of Zambia until 31 December 2015, after which time they will be demonetized.

This presentation to commercial banks provides additional interesting information.

Additional information and images are requested so that this report can be confirmed.

Courtesy of Tod Hunt.

Zambia new date (2012) 1,000-kwacha note confirmed

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1,000 kwacha (US$0.20), 2012. Like BOZ B46 (P44), but new date.

Courtesy of Garry Craig.

Zambia new date (2011) 100-kwacha note confirmed

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100 kwacha (US$0.01), 2011. Like BOZ B39 (P38), but new date and new printer (Giesecke & Devrient).

Courtesy of Garry Craig.

Zambia unveils new note and coin designs due 01.01.2013

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According to an article in the Zambia Daily Mail dated 21 September 2012, the Bank of Zambia has now received images of the new banknotes and coins scheduled to be introduced on 1 January 2013. When the country rebases its currency, the notes will be in denominations of 2, 5, 10, 20, 50, and 100 kwacha, with coins of 1 kwacha, 5, 10 and 50 ngwee. Based upon the imprint that appears at the lower right on the back of the new notes, Germany's Giesecke & Devrient is the printer of all denominations. Zambia's current notes have recently printed by G&D, De La Rue, SABN, Oberthur, and Canadian Bank Note Company. All the new notes are dated 2012 and feature a new signature of governor Michael M. Gondwe.

The rebasing of the kwacha, by removing three zeros, was expected to take effect in July 2012, but was delayed due to "unforeseen technicalities."

Courtesy of Thomas Krause.

Zambia new date (2010) 50-kwacha note confirmed

50 kwacha (US$0.01), 2010. Like BOZ B38, but new date. Printer: DE LA RUE.

Courtesy of Garry Craig.

Zambia delays issuing new banknotes and coins

According to an article on Zambia Reports dated 4 July 2012, "unforeseen technicalities" have caused the Bank of Zambia to indefinitely postpone the planned re-basing of the kwacha which was expected to take effect this month.

Zambia new date (2012) 10,000- and 50,000-kwacha notes confirmed

10,000 kwacha (US$1.95), 2012. Like BOZ B51 (P46), but new date.

50,000 kwacha (US$9.75), 2012. Like BOZ B50 (P48), but new date.

Anyone interested in buying one of these notes can contact the contributor by clicking the link below.

Courtesy of COLLECTNUMIS NET.

Zambia's new notes to feature fish eagle, not portrait

According to an article on The Post Online dated 7 May 2012, the rebased Zambian kwacha notes will feature the national symbol of the fish eagle instead of a portrait. The name of the printer of the new notes is expected to be announced this week. The colors and themes of the new notes will be the same as the old ones (economic, culture and history), except for the new denominations of 2 and 100 kwacha.

Zambia new date (2010) 100-kwacha note confirmed

100 kwacha (US$0.02), 2010. Like BOZ B39 (P38), but new date.

Courtesy of Garry Craig.

Zambia new date (2011) 5,000-kwacha note confirmed


5,000 kwacha (US$1), 2011. Like BOZ B47 (P45), but new date and new printer: Giesecke & Devrient.

Courtesy of Garry Craig.

Zambia revalues kwacha by removing three zeros

According to an article in The Post Online dated 23 January 2012, the government of Zambia has agreed to Bank of Zambia plans to revalue the currency by removing three zeros from all denominations of the kwacha. Currently the largest denomination banknote is 50,000 kwacha (US$9.75), which will become 50 kwacha under the revaluation plan.

No details yet on when new notes will be issued, or if old notes will be overprinted as a provisional measure.

However, according to two documents (Tender For Procurement of New Rebased Zambian Currency - Paper Banknotes and Tender For Procurement of Paper Banknotes - K2 and K100), the Bank of Zambia is seeking bids from the following shortlist of security printers:
  • De La Rue Currency, United Kingdom
    Giesecke & Devrient, Germany
    Orell Fussli Security Printing Limited, Switzerland
    Francois Charles Aberthur [sic] Fuduciaire, France
    South African Bank Note Company (Pty) Limited, South Africa
    Goznak, Russia
Two of the terms of the contact that are interesting to collectors are that "the printer’s name [imprint] shall appear on the banknotes" and that "the supplier shall provide 500 specimen notes, free of charge, of each denomination." The contract also breaks down the number of notes required for each denomination (2, 5, 10, 20, 50, and 100 kwacha) over a three-year period. It's unclear if the notes will be issued 2012-2014, or simply dated as such.

Also of interest are the technical specifications which detail the overall designs and security features of the notes, and which specify that the notes are to be printed on "cotton based substrate" of the printer's chosing, not polymer.

Courtesy of Thomas Krause.

Zambia new date (2011) 500-, 1,000-, and 20,000-kwacha notes confirmed


500 kwacha (US$0.10), 2011. Like BOZ B45 (P43), but new date and printer imprint (Giesecke & Devrient.).

1,000 kwacha (US$0.20), 2011. Like BOZ B46 (P44), but new date and printer imprint (Giesecke & Devrient.).

20,000 kwacha (US$3.90), 2011. Like BOZ B49 (P47), but new date and printer imprint (Giesecke & Devrient.).

Courtesy of Garry Craig.

Zambia new date (2011) 10,000-kwacha note confirmed


10,000 kwacha (US$2), 2011. Like P46, but new date.

Anyone interested in buying one of these notes can contact the contributor by clicking the link below. Be sure to say you saw it mentioned on Banknotenews.com.

Courtesy of Ricardo Castedo.

Zambia chapter of The Banknote Book is now available

Zambia cover

The Zambia chapter of The Banknote Book is now available for individual sale at US$9.99, and as a free download to subscribers.

At the time of initial publication, this 16-page catalog covers every note (197 types and varieties, including 14 notes unlisted in the SCWPM) issued by the Bank of Zambia from 1963 until present day.

Each chapter of The Banknote Book includes detailed descriptions and background information, full-color images, and accurate valuations. The Banknote Book also features:
  • Sharp color images of note’s front and back without overlap
  • Face value or date of demonetization if no longer legal tender
  • Specific identification of all vignette elements
  • Security features described in full
  • Printer imprint reproduced exactly as on note
  • Each date/signature variety assigned an individual letter
  • Variety checkboxes for tracking your collection and want list
  • Red stars highlight the many notes missing from the SCWPM
  • Date reproduced exactly as on note
  • Precise date of introduction noted when known
  • Replacement note information
  • Signature tables, often with names and terms of service
  • Background information for historical and cultural context
  • Details magnified to distinguish between note varieties
  • Bibliographic sources listed for further research

Subscribe to The Banknote Book
If you collect the entire world or a large number of countries, buying a $99 annual subscription is the best deal because it's less expensive than buying chapters individually, and it entitles you to every chapter currently available as well as everything published—or revised (click here to see the Change Log)—during the next 12 months.

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Zambia new date (2011) 50,000-kwacha variety confirmed


50,000 kwacha (US$10.35), 2011. Like P48, but new date and new printer imprint (Giesecke & Devrient instead of DE LA RUE).

Courtesy of Garry Craig and Ronald Kowaleski.

Zambia contemplating changes to currency

According to an article in the Times of Africa dated 21 June 2011, the Bank of Zambia is contemplating replacing the paper 500- and polymer 1,000-kwacha notes with coins, and issuing notes larger than the current highest denomination of 50,000 kwacha. The bank is also considering using polymer for a higher denomination than the 1,000-kwacha note. Nothing is official yet, but the new measures could take effect in 2012.

Courtesy of Richard Miranda.

Zambia new date (2010) 20,000-kwacha note confirmed


20,000 kwacha (US$4.35), 2010. Like P47, but new date.

Courtesy of Garry Craig.

Zambia new date (2010) 5,000-kwacha note confirmed


5,000 kwacha (US$1), 2010. Like P45, but new date.

Courtesy of Garry Craig.

Zambia new date (2010) 50,000-kwacha note confirmed


50,000 kwacha (US$10.50), 2010. Like P48, but new date.

Courtesy of Garry Craig.

Zambia new date (2009) 500-kwacha note confirmed


500 kwacha (US$0.10), 2009. Like P43, but new date and new printer imprint (SABN).

Courtesy of Sejin Ahn.

Zambia unissued 1,000-kwacha proof dated 1992 confirmed


1,000 kwacha, 1992. Like Pick 40, but signature 10, blue in color, and design consistent with lower denominations dated 1992. This unissued note is uniface, with only a handwritten date of 24/08/93 on back.

Courtesy of Nazir Rahemtulla.

Zambia new date (2009) 10,000-kwacha note confirmed


10,000 kwacha (US$2.10), 2009. Like P48, but new date, and instead of a holographic patch in the shape of a fish eagle head, an entire fish eagle is represented in a bright silver demetalized holographic LEAD (longlasting economical anticopy device) at left center on the front. Furthermore, the denomination at top right on the back is printed in copper-to-green OVI.

Courtesy of Manjunath P. Iyer.

Zambia new date (2009) 1,000-kwacha note confirmed


1,000 kwacha (US$0.25), 2009. Like P45, but new date and new printer imprint. Printer: SABN (South African Bank Note). Polymer.

Courtesy of Thomas Krause.

Zambia new date (2009) 50-kwacha note confirmed


50 kwacha (US$0.01), 2009. Like Pick 37, but new date. Printer: DE LA RUE.

Courtesy of Andrew Roberts.

Zambia new date (2009) 100-kwacha note confirmed


100 kwacha (US$0.02), 2009. Like Pick 38, but new date.

Courtesy of Thomas Krause and Andrew Roberts.

Zambia new date (2009) 5,000-kwacha note confirmed


5,000 kwacha (US$1.40), 2009. Like Pick 45, but new date.

Courtesy of Garry Craig.

Zambia new date (2009) 50,000-kwacha note confirmed


50,000 kwacha (US$10.70). Like Pick 48, but new date (2009).

Anyone interested in buying these notes can contact the contributor by clicking the link below. Be sure to say you saw them mentioned here on Banknotenews.com.

Courtesy of Ömer Yalcinkaya.

Zambia new date (2009) 20,000-kwacha note confirmed


20,000 kwacha (US$5.60). Like Pick 47, but new date (2009).

Orange. Front: Coat of arms; dove; holographic patch; mukwa tree; fish eagle perched on branch. Back: Black lechwe (kobus leche) antelope; men working pneumatic drill in mine; Freedom Statue in Lusaka. Windowed security thread with demetalized BOZ 20000. Watermark: Fish eagle, electrotype 20000 plus fish eagle, and Cornerstones. Printer: DE LA RUE. 145 x 70 mm. Signature: Caleb M. Fundanga.

Courtesy of David Murcek.

Zambia new date (2008) kwacha notes confirmed


500 kwacha (US$0.15)
Brown. Front: Coat of arms; dove; baobab tree; fish eagle perched on branch. Back: Elephant; workers picking cotton; Freedom Statue in Lusaka. Watermark: Fish eagle. Printer: SABN. Polymer. 140 x 70 mm. Signature 12.


5,000 kwacha (US$1.05)
Purple. Front: Coat of arms; dove; murera/acacia/mopani tree; fish eagle perched on branch. Back: Lion head; root cassave plant and leaves; Freedom Statue in Lusaka. Windowed security thread with demetalized BOZ 5000. Watermark: Fish eagle with electrotype 5000. Printer: DE LA RUE. 145 x 70 mm. 2008. Signature 12.



10,000 kwacha (US$2.10)
Aqua. Front: Coat of arms; dove; fish eagle; musuku tree; fish eagle perched on branch. Back: Porcupine; workers harvesting rice paddy; Freedom Statue in Lusaka. Windowed security thread. Watermark: Fish eagle with electrotype 10000. Printer: Giesecke & Devrient. 145 x 70 mm. 2008. Signature 12. The patch on the front is new, making this the only denomination dated 2008 that deserves its own new Pick number. All others are merely new date varieties of older issues.


20,000 kwacha (US$5.60)
Orange. Front: Coat of arms; dove; holographic patch; mukwa tree; fish eagle perched on branch. Back: Black lechwe (kobus leche) antelope; men working pneumatic drill in mine; Freedom Statue in Lusaka. Windowed security thread with demetalized BOZ 20000. Watermark: Fish eagle, electrotype 20000 plus fish eagle, and Cornerstones. Printer: DE LA RUE. 145 x 70 mm. Signature 12.


50,000 kwacha (US$10.50)
Blue. Front: Coat of arms; dove; holographic patch; fig tree in Kabwe; fish eagle perched on branch. Back: Leopard; Bank of Zambia building; Freedom Statue in Lusaka. Windowed security thread with demetalized BOZ 50000. Watermark: Fish eagle with electrotype 50000. Printer: DE LA RUE. 145 x 70 mm. 2008.

Courtesy of banknoteshop@gmx.net and Dave Murcek.

Zambia new date (2008) 1,000-kwacha note confirmed


1,000 kwacha (US$0.25), 2008. Like P45, but new date and new printer imprint. Printer: SABN (South African Bank Note). Polymer.

Courtesy of Bwananick.

Zambia new date (2007) 10,000- and 50,000-kwacha confirmed


10,000 kwacha (US$2.65), 2007. Like P45, but new date. Printer: DE LA RUE.


50,000 kwacha (US$13.10), 2007. Like P47, but new date. Printer: DE LA RUE.

Courtesy of Andrew Roberts.

Zambia new date (2006) 50-kwacha note confirmed


50 kwacha, 2006. New date. Signature 12. Printer: SABN.

Anyone interested in buying this note can contact the contributor by clicking the link below. Be sure to say you saw it mentioned here on Banknotenews.com.

Courtesy of Chris Twining and Menelaos Stamatelos.