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5 000 Kwacha
| Issuer | Bank of Zambia |
|---|---|
| Year | 2003-2012 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANK OF ZAMBIA I PROMISE TO PAY THE BEARER ON DEMAND FIVE THOUSAND KWACHA FOR THE BANK OF ZAMBIA K5000 GOVERNOR |
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| Signature(s) | K. Fundanga (Sig.12) |
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| Comments |
The P#45 5000 Kwacha was the highest denomination in circulation for much of its issue period, a reflection of the cumulative inflation Zambia had endured since the kwacha's introduction in 1968. By the mid-2000s, everyday transactions routinely required stacks of notes at this face value, and the denomination's long print run — nearly a decade — speaks to how long the central bank deferred a redenomination that had clearly become necessary.
That redenomination finally arrived in 2013, when the rebased kwacha was introduced at 1000:1, rendering the entire pre-reform series obsolete. The 5000 Kwacha became worth less than half a new ngwe.