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5 Kwacha
| Issuer | Bank of Zambia |
|---|---|
| Year | 1976 |
| Type | Log in to see details |
| Value | 5 Kwacha (5 ZMK) |
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| Composition | Log in to see details |
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| Obverse description | Portrait of President Kenneth Kaunda at right, set within intricate guilloche lacework in deep red-brown tones; the Zambian national arms appears at upper centre flanked by denomination indicators 'K5' at each corner. The issuer title 'BANK OF ZAMBIA' is printed in bold letterpress across the centre, with the promise text and denomination 'FIVE KWACHA' inscribed below. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | BANK OF ZAMBIA FIVE KWACHA |
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| Comments |
Zambia's 1976 note issue came during a period of acute economic stress — copper prices, which underpinned virtually the entire national revenue base, had collapsed sharply after the 1974 commodity peak. The government was already deep in the structural borrowing that would define the following decade, and inflation was beginning to erode real purchasing power at a rate the denomination structure was not designed to handle.
Thomas De La Rue's involvement was continuous across multiple Zambian series from independence onward, making this a fairly routine commission for the printer rather than a notable one.