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10 Kwacha Giraffe

Issuer Reserve Bank of Malawi
Year 2004
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Value 10 Kwacha
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Obverse script Latin
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Mintage 2004 - Proof
Additional information

Malawi's wildlife-themed coinage of the early 2000s was produced largely for the collector and souvenir market, not domestic circulation — the country's actual monetary needs were served by far humbler denominations. The 10 Kwacha face value was essentially nominal, set high enough to suggest prestige while bearing no relationship to purchasing power on the ground.

Silver-plated copper-nickel was the cost-cutting compromise that defined this entire series, allowing export sales at collector premiums without the expense of a true silver strike.