1 Kwacha

Features

Issuer	Zambia
Issuing entity	Bank of Zambia
Period	Republic (1964-date)
Type	Standard circulation banknotes
Years	1980-1988
Value	1 Kwacha (1 ZMK)
Currency	Kwacha (1968-2012)
Composition	Paper
Size	127 × 65 mm
Shape	Rectangular
Demonetized	1 July 2013
Number	N# 206345
References	P# 23 Standard Catalog of World Paper Money (10 volumes).

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Series: ND (1980-1988) Issue

Obverse

Black on multicolour underprint.
African fish eagle, flower and face value at centre, portrait of president Kenneth Kaunda at right. Coat of arms of Zambia at bottom.

Script: Latin

Lettering:
K1 K1
BANK OF ZAMBIA
I PROMISE TO PAY THE BEARER ON DEMAND
ONE KWACHA
FOR THE BANK OF ZAMBIA

GOVERNOR
ONE ZAMBIA ONE NATION
K1 K1

Reverse

Black on multicolour underprint.
Illustration of workers picking cotton at centre, blank area for watermark at right. Bank name within frame at top, face value and printer's name at bottom.

Script: Latin

Lettering:
K1 BANK OF ZAMBIA K1
K1 ONE KWACHA K1
THOMAS DE LA RUE & COMPANY, LIMITED.

Watermark

Signatures

Luke Mwanashiku (LM)	Governor
Leonard Chivuno (LC)	Governor

Printer

De La Rue (Thomas de la Rue; Thomas De La Rue & Co.; TDLR), London, United Kingdom (1821-date)

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Date	Signatures	F	VF	UNC		Frequency
Undetermined
ND (1980-1988)	LM	$ 0.48	$ 1.40	$ 2.80	P# 23a	51%
ND (1980-1988)	LC			$ 2.50	P# 23b	46%
ND (1980-1988)					P# 23s, Specimen	0%

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Since some users own several versions, the sum may be greater than 100%.

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Members from this site want to exchange it: robertmx, adolfo5663, Toteu_Safian, Flavius_vg, slamdunk, scythian, Rush1981, steph121065

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This index is based on the data of Numista members collections. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members.

Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Katz Auction 132 Lot 3362	17 Jul 2024	Undetermined	UNC	USD 5.77 (EUR 5.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 118 Lot 1054	23 Mar 2024	Undetermined	UNC	Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 64 Lot 425	17 Aug 2022	Undetermined	UNC	Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 193 Lot 413	5 May 2026	Undetermined		USD 36.94 (EUR 32.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 179 Lot 918	27 Dec 2025	Undetermined		USD 34.63 (EUR 30.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 178 Lot 974	13 Dec 2025	Undetermined		USD 16.16 (EUR 14.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 167 Lot 698	19 Aug 2025	Undetermined		Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 163 Lot 870	15 Jul 2025	Undetermined		USD 23.09 (EUR 20.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 149 Lot 4201	8 Feb 2025	Undetermined		Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 137 Lot 3693	11 Sep 2024	Undetermined		USD 51.94 (EUR 45.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.