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1 Kwacha

Issuer Bank of Zambia
Year 1992
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Value 1 Kwacha (1 ZMK)
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Obverse script Latin
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Mintage 1992 - -
1992 - Proof -
Additional information

Zambia's shift to aluminium bronze for the kwacha coinage in 1992 came as the country was in the grip of severe economic deterioration — the kwacha had lost the majority of its value through the late 1980s and early 1990s, partly as a consequence of copper price collapses that gutted government revenue in a country where copper had once accounted for over 90% of export earnings. The 1992 date also coincides with Zambia's return to multiparty politics after nearly two decades of single-party rule under UNIP.

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