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Zambia - 5 Kwacha - P-30a - 1989 dated Foreign Paper Money

Inv# FM1229   Foreign Paper Money Cat# P-30a
Country: Zambia
Denomination: 5 Kwacha
Years: ND (1989)

Foreign Paper Money. Pres. K. Kaunda portrait, fish eagle, butterfly over arms/Lion cub head, building, jar. Kenneth David Kaunda (28 April 1924 – 17 June 2021), also known as KK, was a Zambian politician who served as the first President of Zambia from 1964 to 1991. He was at the forefront of the struggle for independence from British rule. Dissatisfied with Harry Nkumbula's leadership of the Northern Rhodesian African National Congress, he broke away and founded the Zambian African National Congress, later becoming the head of the socialist United National Independence Party (UNIP). Read more at https://en.wikipedia.org/wiki/Kenneth_Kaunda

The Kwacha (ISO 4217 code: ZMW) is the currency of Zambia. It is subdivided into 100 Ngwee. The name kwacha derives from the Nyanja, Bemba, and Tonga language word for "dawn", alluding to the Zambian nationalist slogan of a "new dawn of freedom". The name ngwee translates as "bright" in the Nyanja language. Prior to independence in 1964, the Rhodesia and Nyasaland pound was the legal tender of the short-lived British protectorate of Northern Rhodesia. Banknotes of 10 shillings, 1, 5, and 10 pounds issued by the Central Africa Currency Board were in circulation, together with coins of 1?2, 1, 3, 6 pence, and 1, 2, 2+1?2, and 5 shillings. After independence, the Bank of Zambia issued the first Zambian currency, the Zambian pound, in 1964. The issued paper bills and coins were of similar denominations as these used before independence, except for the 10 pounds note, which was never issued by the Bank of Zambia. A new design to depict the newly independent country's history and struggle was adopted. The two currencies – the Rhodesia and Nyasaland pound and the Zambian pound, were allowed to circulate in parallel until December 15, 1965, when the South Rhodesian pound bills and coins were withdrawn from circulation, except for the 3 pence coin which was allowed to circulate alongside its Zambian alternative for a brief period. Read more at https://en.wikipedia.org/wiki/Zambian_kwacha

 

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Condition: Crisp Uncirculated
Item ordered may not be exact piece shown. All original and authentic.
Price: $5.00