Catalog
| Issuer | Reserve Bank of Malawi |
|---|---|
| Year | 1999 |
| Type | Non-circulating coin |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | REPUBLIC OF MALAWI 1999 |
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| Edge | Reeded |
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| Additional information |
Malawi's silver commemorative program of the late 1990s was aimed squarely at the collector export market — these pieces were never intended for domestic circulation in a country where the kwacha was under sustained devaluation pressure following the removal of foreign exchange controls in 1994. KM#38 was produced in limited numbers for international distributors, typical of the small-nation commemorative trade that flourished through firms like Pobjoy Mint during this period.