Catalog
| Issuer | Reserve Bank of Malawi |
|---|---|
| Year | 1995 |
| Type | Log in to see details |
| Value | 10 Kwacha |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Central vignette of government buildings in Lilongwe, the capital city, with the Malawian national flag on a flagpole at centre-right and landscaped grounds in the foreground. A cichlid fish vignette appears at lower right, flanked by decorative geometric border panels bearing the denomination K10 at each side, with a diamond-patterned guilloche underprint throughout. |
| Reverse lettering | TEN KWACHA RESERVE BANK OF MALAWI CAPITAL CITY LILONGWE |
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| Comments |
The P#31 10 Kwacha belongs to a series issued during one of Malawi's more turbulent monetary periods — the mid-1990s transition out of Banda's one-party rule brought significant pressure on the kwacha, which had been devalued sharply in 1992 under IMF structural adjustment conditions. Notes from this run circulated hard and wore quickly in a cash-dependent economy with limited banking infrastructure outside major urban centers.
Thomas De La Rue's watermark security on this issue is rudimentary by the firm's own standards of the period — a reflection of cost constraints in the contract rather than technical limitation.