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20 Kwacha

发行方 Reserve Bank of Malawi
年份 1995
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面值 登录 以查看详情
货币 登录 以查看详情
材质 登录 以查看详情
尺寸 148 x 74 mm
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印刷机构 登录 以查看详情
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正面描述 Portrait of President Bakili Muluzi at right, with a central vignette of a man paddling a canoe beneath a stylized sun; a Lesser Striped Swallow vignette occupies the upper left, while a sunburst motif and fish device appear at lower left. The note carries a multicolour guilloche underprint throughout.
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背面描述 Central vignette of tea harvesting workers in a field with the Mulanje Massif mountain range receding into the background; a fish device is positioned at the lower right within a guilloche border frame.
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The P#32 was part of a mid-1990s series refresh that coincided with Malawi's rocky transition toward multiparty democracy — the 1994 elections ended three decades of Hastings Banda's one-party rule, and the new government inherited an economy battered by donor aid suspensions and severe drought. De La Rue had printed Malawian notes continuously since the Reserve Bank's establishment in 1965, making this one of the longer unbroken printer-issuer relationships in sub-Saharan Africa.

The watermark remains the sole security feature — modest even by mid-1990s standards, when magnetic inks and security threads were already common on regional issues of comparable denomination.