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20 Kwacha
| Issuer | Bank of Zambia |
|---|---|
| Year | 2015-2022 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANK OF ZAMBIA, PROMISE TO PAY THE BEARER ON DEMAND, TWENTY KWACHA, FOR THE BANK OF ZAMBIA, Governor |
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| Reverse lettering | BANK OF ZAMBIA, TWENTY KWACHA, K20 |
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| Comments |
Zambia redenominated its currency in 2013, lopping three zeros off the old kwacha and reissuing the entire series from scratch. The P#59 20 Kwacha entered circulation as part of that rebuilt family, printed by Giesecke & Devrient in Leipzig — a house with deep African central bank relationships going back decades, and the natural choice for a redenomination rollout requiring tight security specifications on a compressed timeline.
The series ran through 2022, an unusually long window that reflects the relative monetary stability Zambia maintained before its 2020 sovereign debt default complicated the broader economic picture.