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10 Kwacha
| Issuer | Reserve Bank of Malawi |
|---|---|
| Year | 1971 |
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| Value | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Portrait of Dr. Hastings Kamuzu Banda in an oval intaglio vignette at left, set against a fine guilloche underprint; at centre, a lakeside vignette of fishermen casting nets from a traditional dugout canoe, with a tree and distant hillside on the shoreline. The denomination TEN KWACHA is printed in large letterpress across the centre, with the issuing authority legend and two manuscript signatures of the Governor and General Manager at lower right. |
|---|---|
| Obverse lettering | THE RESERVE BANK OF MALAWI PROMISE TO PAY THE BEARER ON DEMAND THE SUM OF TEN KWACHA ISSUED UNDER THE RESERVE BANK OF MALAWI ACT. 1964 |
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| Comments |
Malawi's early kwacha issues came from a currency redesign forced by the 1971 decimalization of the Malawian pound — the kwacha had technically existed since 1971, giving Hastings Banda's government a clean break from the colonial monetary system inherited at independence in 1964. Bradbury Wilkinson, long the dominant printer for British colonial and post-colonial territories, handled the first kwacha series almost as a matter of institutional habit.
Pick 8 is notably scarce in used grades, suggesting limited actual release into everyday commerce — the 10 Kwacha denomination was substantial against average wages of the period.