Zambia redenominated its currency in 2013, stripping three zeros from the old kwacha and reissuing the series under the Bank of Zambia Act of 2011. This 2024 note belongs to the second generation of the rebased series, updated incrementally rather than redesigned wholesale — a common cost-control measure for central banks managing limited print budgets.
Cotton substrate with watermark and thread is a modest security specification for a 2020s issue, reflecting the note's mid-range denomination within the current series.
Zambia redenominated its currency in 2013, stripping three zeros from the old kwacha and reissuing the series under the Bank of Zambia Act of 2011. This 2024 note belongs to the second generation of the rebased series, updated incrementally rather than redesigned wholesale — a common cost-control measure for central banks managing limited print budgets.
Cotton substrate with watermark and thread is a modest security specification for a 2020s issue, reflecting the note's mid-range denomination within the current series.