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1 Kwacha Decimalization

Uitgever Reserve Bank of Malawi
Jaar 1971
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Kwacha (1971-date)
Samenstelling Log in om details te zien
Gewicht Log in om details te zien
Diameter Log in om details te zien
Dikte Log in om details te zien
Vorm Log in om details te zien
Techniek Log in om details te zien
Oriëntatie Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde Log in om details te zien
Schrift voorzijde Latin
Opschrift voorzijde Log in om details te zien
Beschrijving keerzijde The central field bears the full coat of arms of Malawi, featuring a quartered shield supported by two rampant lions, with a rising sun in the base quarter and wavy lines representing Lake Malawi. An African fish eagle displayed serves as the crest above the shield. A scroll beneath the supporters carries the motto UNITY AND FREEDOM. The date 1971 appears in the mid-field below the arms, with the denomination ONE KWACHA inscribed in large letters along the lower rim.
Schrift keerzijde Log in om details te zien
Opschrift keerzijde Log in om details te zien
Rand Log in om details te zien
Muntplaats Log in om details te zien
Oplage Log in om details te zien
Aanvullende informatie

Malawi decimalized its currency in 1971, replacing the pound-based system inherited at independence with kwacha and tambala. The switch was part of a broader post-colonial restructuring under Hastings Banda's government, which had declared Malawi a republic the previous year. The Reserve Bank had only been established in 1964, making this its first major currency overhaul.

The copper-nickel composition was a deliberate step up from the bronze coinage it replaced, signaling institutional permanence.

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