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10 Kwacha
| Issuer | Bank of Zambia |
|---|---|
| Year | 1992 |
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| Composition | Aluminium bronze |
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| Obverse description | The national coat of arms of Zambia is rendered in high relief at centre, depicting a shield charged with a wavy pale representing the Victoria Falls, supported by a male figure in traditional dress to the left and a female figure to the right. An African fish eagle with wings displayed surmounts crossed pickaxe and hoe above the shield. A scroll below the supporters bears the national motto ONE ZAMBIA ONE NATION. The country name ZAMBIA arcs along the upper field in bold incuse lettering, and the date 1992 appears in large numerals in the lower field. |
|---|---|
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| Obverse lettering | ZAMBIA ONE ZAMBIA ONE NATION 1992 |
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| Additional information |
Zambia's 1992 coinage program coincided with the country's transition from Kenneth Kaunda's one-party UNIP rule to multiparty democracy following the October 1991 elections — the first competitive vote since 1968. Frederick Chiluba's new MMD government inherited an economy devastated by copper price collapses and debt, and these higher-denomination coins were introduced partly to keep pace with inflation that had been eroding purchasing power throughout the late 1980s.
The aluminium bronze composition was a practical choice for a denomination that needed durability without the cost of higher-grade alloys — copper mining was Zambia's primary industry, making the material both economical and locally relevant.