100 Kwacha Gazelle

Zambia's mid-1990s coinage program coincided with a period of severe economic contraction — by 1998 the kwacha had lost the vast majority of its purchasing power relative to the dollar, and a 100-kwacha face value was, in practical terms, nearly worthless in daily commerce. The denomination was struck nonetheless, likely to satisfy international collector demand rather than any genuine domestic monetary need.

KM#67 is catalogued among Zambia's wildlife series, which the Bank of Zambia issued across multiple denominations and years to generate foreign exchange through numismatic sales — a financing strategy common among smaller African nations throughout the 1990s.