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1000 Kwacha

Uitgever Reserve Bank of Malawi
Jaar 2014-2024
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Vorm Rectangular
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Beschrijving voorzijde Central vignette presents the Reserve Bank of Malawi headquarters building in Lilongwe, with a portrait of Dr. Hastings Kamuzu Banda to the right. The denomination "1000 KWACHA" is printed in bold lettering, with the issuing authority inscription across the upper portion of the note.
Opschrift voorzijde Log in om details te zien
Beschrijving keerzijde Central vignette shows the Mzuzu maize silos complex, accompanied by an upright stalk of maize (corn) and a silhouette of two figures engaged in the traditional practice of mashing maize. The agricultural theme underscores the importance of maize cultivation to Malawi's national economy.
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Opmerkingen

The P#67 series brought the 1000 Kwacha to polymer in several regional markets during the same period, but Malawi retained paper for this issue — a practical choice given the Reserve Bank's established supply relationships and the logistical costs of transitioning the highest-denomination note while inflation was already compressing its real purchasing power.

By the mid-2020s, the 1000 Kwacha had lost substantial value against the US dollar following the 2023 devaluation that saw the kwacha lose roughly 44% of its official rate in a single adjustment.

MISSCHIEN OOK INTERESSANT