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50 Kwacha

Issuer Bank of Zambia
Year 1992-2010
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Printer Thomas De La Rue & Company, London, United Kingdom
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Obverse lettering BANK OF ZAMBIA I PROMISE TO PAY THE BEARER ON DEMAND FIFTY KWACHA FOR THE BANK OF ZAMBIA GOVERNOR ZAMBIA 1992
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Signature(s) D. Mulaisho (Sig.10); Dr. J. Mwanza (Sig.11); K. Fundanga (Sig.12)
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Comments

The P#37 series had an unusually long run for a Zambian note — nearly two decades bracketing a period of severe economic turbulence. In the mid-1990s, Zambia's inflation was running above 180% annually, which meant the 50 Kwacha denomination, once meaningful, had become functionally marginal before the series was even halfway through its print life.

Thomas De La Rue's involvement was continuous throughout, though the note underwent subtle security revisions between early and late printings. Watermark-only security was already considered minimal by the time the later dates were issued.

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