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10 Kwacha
| Issuer | Reserve Bank of Malawi |
|---|---|
| Year | 2012-2018 |
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| Composition | Log in to see details |
| Weight | 5.66 g |
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| Obverse description | The national coat of arms of Malawi depicted centrally in the field, featuring a quartered shield supported by a lion rampant to the left and a leopard rampant to the right. A rising sun with an African fish eagle displayed as crest appears above the shield, and a ribbon scroll below bears the national motto UNITY AND FREEDOM. The country name MALAWI is inscribed as a legend along the lower rim in large Latin characters. |
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| Mintage | 2012 - - 2013 - - 2015 - - 2016 - - 2018 - - |
| Additional information |
Malawi redenominated its currency in 2012, with the kwacha losing roughly half its value against the US dollar almost immediately after the float was introduced in May of that year — a policy shift forced partly by IMF pressure and the suspension of donor budget support under President Bingu wa Mutharika. This coin entered circulation into that instability.
The stainless steel clad iron composition was a cost-driven choice made as rising metal prices rendered earlier alloys uneconomical across sub-Saharan mints during the 2000s.