Zambia redenominated its currency in 2013, stripping three zeros from the old kwacha to create the rebased series — meaning this 100 Kwacha is equivalent to the old 100,000 Kwacha note. The rebased series has gone through several printings since then, with the 2024 date placing this among the most recent iterations. Paper composition is increasingly unusual for contemporary African central bank issues, most of which have migrated to polymer substrates over the past decade; the Bank of Zambia has been slower to make that transition than several regional peers.
Zambia redenominated its currency in 2013, stripping three zeros from the old kwacha to create the rebased series — meaning this 100 Kwacha is equivalent to the old 100,000 Kwacha note. The rebased series has gone through several printings since then, with the 2024 date placing this among the most recent iterations. Paper composition is increasingly unusual for contemporary African central bank issues, most of which have migrated to polymer substrates over the past decade; the Bank of Zambia has been slower to make that transition than several regional peers.