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2 Kwacha

Issuer Bank of Zambia
Year 1980-1987
Type Standard circulation banknote
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Reverse description The central vignette, executed in intaglio, shows a teacher leaning over a seated pupil at a desk, evoking the theme of education. To the right stands a school building with a tree beside it, rendered against a light guilloche underprint. Denomination numerals K2 appear in the lower corners within ornate cartouches, and the printer's imprint is set below the central inscription.
Reverse lettering K2 BANK OF ZAMBIA TWO KWACHA THOMAS DE LA RUE & COMPANY, LIMITED
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Comments

The P#24 series spans nearly a decade because the Bank of Zambia rotated through multiple signature combinations without issuing new Pick numbers for each change — a cataloging headache that means dates alone don't distinguish varieties. Thomas De La Rue printed the full run in London, a common arrangement for anglophone African central banks that lacked domestic printing infrastructure through much of the 1980s.

Zambia's copper revenues collapsed in the mid-1970s and never fully recovered, leaving the kwacha under sustained devaluation pressure throughout this note's active life. By the late 1980s, a 2 Kwacha note had become effectively trivial in purchasing power.

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