Catalog
1 Kwacha
| Issuer | Reserve Bank of Malawi |
|---|---|
| Year | 1996-2003 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | 2.47 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
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| Reverse lettering | 2003 ONE KWACHA |
| Edge | Log in to see details |
| Mint | Log in to see details |
| Mintage | 1996 - - 2003 - - |
| Additional information |
Malawi's shift to brass-plated steel for this issue reflected the broader economic pressures the country faced through the 1990s, when the kwacha lost substantial value following the end of single-party rule under Hastings Banda and the difficult transition to multiparty democracy after 1994. The Reserve Bank's cost-cutting on coinage composition was a direct consequence of IMF structural adjustment conditions applied during that period.