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1000 Kwacha

Issuer Reserve Bank of Malawi
Year 2014-2024
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Value 1000 Kwacha
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Reverse description Central vignette shows the Mzuzu maize silos complex, accompanied by an upright stalk of maize (corn) and a silhouette of two figures engaged in the traditional practice of mashing maize. The agricultural theme underscores the importance of maize cultivation to Malawi's national economy.
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Variants P#67a - 01.01.2014
P#67b - 01.01.2016
P#67c - 01.01.2017
P#67d - 01.01.2020
P#67e - 1.2021
P#67f - 6.2021
P#67g - 01.01.2024
Comments

The P#67 series brought the 1000 Kwacha to polymer in several regional markets during the same period, but Malawi retained paper for this issue — a practical choice given the Reserve Bank's established supply relationships and the logistical costs of transitioning the highest-denomination note while inflation was already compressing its real purchasing power.

By the mid-2020s, the 1000 Kwacha had lost substantial value against the US dollar following the 2023 devaluation that saw the kwacha lose roughly 44% of its official rate in a single adjustment.

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