Catalog
50 Ngwee
| Issuer | Bank of Zambia |
|---|---|
| Year | 1969 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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|---|---|
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| Signature(s) | Dr. J.B. Zulu (Sig.2); V.S. Musakanya (Sig.3) |
| Protection type | Log in to see details |
| Protection description | Watermark portrait of President Kenneth Kaunda. |
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| Comments |
Zambia's 50 Ngwee was part of the country's second decimal coinage system, introduced in January 1968 when the Kwacha replaced the Zambian Pound at a rate of two Kwacha to one Pound — a clean decimalization that was relatively smooth by regional standards. Valentine Musakanya, whose signature appears on this note, served as Governor of the Bank of Zambia during a period when copper revenues were still buoyant enough to lend the currency genuine credibility on international markets.
Thomas De La Rue printed the entire P#9 series, as they had the preceding issues. The single watermark security remains the only anti-counterfeiting measure — modest by the standards even of 1969.