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Thursday, September 10, 2009

Zambian Kwacha


In 1968, Zambia introduced its kwacha banknotes. Since then, the currency has received a number of design reinventions, including the release of polymer notes in 2003—making Zambia the first African country to do so. The fish eagle is the main feature on most banknotes; the bird’s excellent vision and swift reaction is a symbol of the country’s focus on economic growth and resiliency. Printed on the back is the Freedom Statue, which represents Zambia’s struggle for freedom in the precolonial days. Estimated Exchange Rate: 1 U.S. dollar = 5,060 Zambian kwacha

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