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| Issuer | Bank of Zambia |
|---|---|
| Year | 2012-2014 |
| Type | Standard circulation banknote |
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| Obverse description | The Zambian Coat of Arms is positioned at left centre, accompanied by a vignette of an African Fish Eagle (Haliaeetus vocifer) perched above a Baobab tree (Adansonia digitata) as the central motif, with a flying dove also present. Intaglio printing is used for the primary design elements against a multi-colour guilloche underprint. |
|---|---|
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| Protection type | Watermark, Security thread |
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| Comments |
The P#54 series was part of Zambia's 2012 rebasing exercise, which lopped three zeros off all denominations — meaning this 100 Kwacha replaced the old 100,000 Kwacha note. The psychological and practical motivation was straightforward: by 2012, the previous kwacha had depreciated so severely since its 1968 introduction that everyday transactions required notes in six-figure denominations.
Giesecke & Devrient have printed Zambian currency across multiple series, giving the notes a consistent technical baseline, though the security package here — thread and watermark only — is relatively spare for a high-denomination note of this period.