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K100 To Be Highest Kwacha Note
The K100 note will be the highest denomination when the kwacha is rebased this June.
Deputy bank of Zambia governor Dr Bwalya Ngandu announced.
Dr Ngandu disclosed that the K100 note will be like a K100,000 note.
The other notes will be 50 Kwacha, 20 Kwacha, 10 Kwacha, five Kwacha and two Kwacha
Dr N’gandu says the family of coins will comprise a one Kwacha, 50 ngwee, 10 ngwee and five ngwee.
He said this at a Zambia Association of Chambers of Commerce and Industry meeting in Lusaka.
The new bank notes are expected to start circulating in June this year.
Posted by
ONETIME RELOADED
April 27, 2012 at 9:52 am
I can’t wait man its to much of millions with less value,i’ll now be talking thousands isn’t that lovely
Go 1
May 12, 2012 at 6:59 pm
The notes are ok but the portlate,they shouldnot put the head of mr sata.