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20 Kwacha
| Issuer | Bank of Zambia |
|---|---|
| Year | 1980-1988 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Kwacha (1968-2012) |
| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Obverse description | Intaglio portrait of President Kenneth Kaunda at right, set against a salmon-toned guilloche underprint with geometric corner ornaments. An African fish eagle vignette occupies the left center, with the Zambian coat of arms below and the "BANK OF ZAMBIA" title cartouche across the top. The denomination "TWENTY KWACHA" appears in large letters at center, accompanied by the promise text and a single Governor signature line. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Central vignette in green intaglio shows a woman in traditional dress balancing a large basket on her head while carrying a pole over her shoulder, standing before an expansive agricultural field with trees and a village visible in the background. The "BANK OF ZAMBIA" title panel runs across the top, flanked by the denomination numeral "20" at each side, with geometric guilloche corner devices in the border. The inscription "TWENTY KWACHA" appears at the bottom center, with the printer's imprint below the main vignette at lower right. |
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| Signature(s) | Log in to see details |
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| Comments |
Thomas De La Rue printed this series for Zambia across most of the 1980s, a decade defined domestically by currency controls, falling copper revenues, and a deteriorating relationship with the IMF that culminated in Zambia's 1987 suspension of the Fund's structural adjustment programme — the first such break by an African government. The 20 Kwacha was a significant denomination in a period when inflation was steadily eroding what it could actually buy.
Two distinct signature combinations exist within the P#27 type, accounting for successive governor appointments at the Bank of Zambia during the issue period.