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100 Kwacha Pelican

Issuer Bank of Zambia
Year 1998
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Thickness 3.2 mm
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Obverse description The full Zambian coat of arms is depicted centrally in the field, featuring a shield charged with an eagle in flight above crossed pick and hoe, flanked by two human supporters — a man to the left and a woman to the right — each standing on a grassy mound. Below the shield, a scroll bears the national motto ONE ZAMBIA ONE NATION. The country name ZAMBIA arcs along the upper legend in capital letters, with the date 1998 inscribed in large numerals along the lower field.
Obverse script Latin
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Additional information

The 1998 issue falls within a period of acute economic stress in Zambia — the kwacha had lost the vast majority of its purchasing power through the late 1980s and 1990s, and a 100-kwacha face value that once meant something was by this point effectively negligible in daily transactions. Zambia was simultaneously navigating IMF structural adjustment conditions that constrained monetary policy and gutted social spending.

KM#61 is part of a wildlife series that the Bank of Zambia issued partly for collector export revenue — hard currency the government badly needed.