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5 Kwacha
| Issuer | Bank of Zambia |
|---|---|
| Year | 2012-2014 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | Violet, brown and multicolour. A large intaglio vignette of a lion's head dominates the left portion of the note, with fine guilloche wave patterns beneath. At centre, a detailed engraving of a Zambian cassava plant with leaves and tubers is set against a light underprint, flanked to the right by a vignette of the Freedom Statue — a figure breaking chains — rendered in purple intaglio. A latent 'BoZ' device with a dove motif appears at far right. The 'BANK OF ZAMBIA' title is inscribed at top centre and 'FIVE KWACHA' at lower left, with the Giesecke & Devrient printer's imprint at lower right. |
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| Protection type | Security thread, Watermark, Latent image |
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| Comments |
Zambia redenominated its currency in January 2013, replacing the old kwacha at 1,000-to-1 — meaning this note's face value was equivalent to 5,000 of the preceding series. The redenomination was driven by practical necessity: ATMs and accounting systems had become strained handling transactions routinely expressed in millions. The new kwacha launched at rough parity with the US dollar, though that held only briefly before depreciation resumed.
G&D produced the full new series, a logical choice given their prior relationship with the Bank of Zambia. The 2012–2014 date span reflects both the introduction date and the period before polymer substrates were adopted for lower denominations.