Zambian kwacha

Zambian kwacha
ISO 4217
CodeZMW (numeric: 967)
before 2013: ZMK
Subunit0.01
Unit
SymbolK, ZK
Denominations
Subunit
1100ngwee
Symbol
 ngweeN
Banknotes
 Freq. used2, 5, 10, 20, 50, 100, 200, 500 kwacha
Coins
 Freq. used5, 10, 50 ngwee, 1, 2, 5 kwacha
Demographics
Official user(s) Zambia
Unofficial users Zimbabwe Malawi (used in the border areas between Zambia & Zimbabwe and also Zambia & Malawi)
Issuance
Central bankBank of Zambia
 Websitewww.boz.zm
PrinterG&D
Johan Enschede en Zonen
 Websitewww.gi-de.com
www.joh-enschede.nl
Valuation
Inflation15.78%
 Sourcewww.zamstats.gov.zm, January 2024 est.
 MethodCPI

Zambian kwacha (sign: K; code: ZMW) is the official currency of Zambia, issued by the Bank of Zambia. It is subdivided into 100 ngwee. On 31 March 2025, the Bank of Zambia launched the new "Heritage Series"—a refreshed currency family of six banknotes (K10, K20, 50, 100, K200, K500) and six coins (5 ngwee, 10 ngwee, 50 ngwee, K1, K2, K5)—featuring enhanced security and national heritage themes.