Science Fair Project Encyclopedia
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".
In 2003 Zambia was the first African country to issue polymer banknotes. The K500 and K1000 are both printed on polymer.
External link
03-10-2013 05:06:04
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details
The contents of this article is licensed from www.wikipedia.org under the GNU Free Documentation License. Click here to see the transparent copy and copyright details