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20 Kwacha
| Issuer | Bank of Zambia |
|---|---|
| Year | 1989-1991 |
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| Value | Log in to see details |
| Currency | Kwacha (1968-2012) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse lettering | BANK OF ZAMBIA, TWENTY KWACHA, K20 |
| Signature(s) | F. Nkhoma (Sig.8); J.A. Bussiere (Sig.9) |
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| Comments |
Harrison and Sons printed Zambia's banknotes from their High Wycombe facility through much of the post-independence period, and this series was produced during one of the country's most turbulent economic stretches. By 1989, Zambia had been through a decade of copper price collapse, chronic foreign debt, and IMF austerity disputes that culminated in Kenneth Kaunda's government unilaterally breaking from the Fund in 1987 — only to seek re-engagement two years later as conditions worsened.
The co-signatures of Nkhoma and Bussiere place this note within a narrow window of that crisis management period. P#32 is the last 20 Kwacha type before denomination pressures forced the series upward.