The kwacha (ISO 4217 code: ZMW) is the currency of Zambia. It is subdivided into 100 ngwee. Etymology 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. History 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, 21⁄2, 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 issu
El kwacha (código ISO 4217: ZMW) es la moneda de Zambia. Se subdivide en 100 ngwee. Etymología El nombre kwacha deriva de la palabra de la lengua Nyanja, Bemba y Tonga para "albañilería", aludiendo al eslogan nacionalista zambiano de una "nueva albañilería de libertad". El nombre ngwee se traduce como "brillo" en el idioma Nyanja. Historia Antes de la independencia en 1964, la libra de Rhodesia y Nyasaland fue la moneda legal del protectorado británico de corta vida de la Rhodesia del Norte. Bancos de 10 shillings, 1, 5 y 10 libras emitidos por la Central African Currency Board estaban en circulación, junto con monedas de 1⁄2, 1, 3, 6 pence, y 1, 2, 21⁄2, y 5 shillings. Después de la independencia, el Banco de Zambia emitió la primera moneda zambiana, la libra de Zambia, en 1964.