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100 Kwacha Crocodile

Issuer Bank of Zambia
Year 1998
Type Non-circulating coin
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Obverse description The national coat of arms of Zambia is depicted centrally in the field, featuring a shield bearing the Victoria Falls motif supported by a man to the dexter and a woman to the sinister, both rendered in a naturalistic style. An African fish eagle with outstretched wings surmounts the shield, while crossed tools appear beneath the eagle above the shield. A scroll at the base bears the national motto ONE ZAMBIA ONE NATION. The legend ZAMBIA arcs along the upper periphery, and the date 1998 appears in the lower field below the coat of arms.
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Reverse lettering 100 KWACHA
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Additional information

Zambia's kwacha suffered chronic devaluation through the 1990s following the collapse of copper prices — the country's primary export — and the structural adjustment programs imposed by the IMF. By 1998, a 100-kwacha coin represented a denomination that had been steadily hollowed out by inflation, and within a few years the entire coinage system would require redenomination. The crocodile series from this period circulated briefly before becoming effectively worthless in everyday transactions.