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100 Kwacha
| Issuer | Reserve Bank of Malawi |
|---|---|
| Year | 2014-2020 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Central vignette of the College of Medicine building in Blantyre, with a stethoscope vignette at right symbolising quality medical training and the provision of essential health services. The Reserve Bank of Malawi logo appears on the note. |
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| Variants | P#65a - 01.01.2014 P#65b - 01.01.2016 P#65c - 01.01.2017 |
| Comments |
Malawi's shift to polymer for its lower denominations in 2012 made the continued use of cotton paper for the 100 Kwacha an increasingly deliberate policy choice — one driven more by procurement cost and printing infrastructure than by security concerns. The Reserve Bank maintained the cotton substrate for this denomination through the entire P#65 run despite the broader regional trend toward polymer.
The watermark remains the sole security feature listed, a notably thin specification for a denomination that, given the kwacha's sustained depreciation against the dollar through this period, represented diminishing but still real purchasing power in daily transactions.