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20 Ngwee Bank of Zambia
| Issuer | Bank of Zambia |
|---|---|
| Year | 1985 |
| Type | Log in to see details |
| Value | 20 Ngwee (0.20 ZMK) |
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| Composition | Log in to see details |
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| Obverse description | Left-facing portrait bust of President Kenneth Kaunda occupying the central field, rendered in high relief with fine detail. The legend ZAMBIA arcs along the upper periphery in bold serif capitals. The date 1985 appears in large numerals along the lower periphery. The field is plain, with no additional ornamentation. |
|---|---|
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| Reverse script | Latin |
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| Additional information |
Zambia's mid-1980s coinage was issued against a backdrop of acute economic deterioration — the copper price collapse of the early 1980s devastated a national economy that depended on copper exports for the vast majority of its foreign exchange earnings. By 1985, the kwacha had lost much of its purchasing power and the IMF's structural adjustment conditions were generating street protests. Coins of this period saw limited secondary circulation as informal barter and foreign currency increasingly displaced official coinage in daily transactions.