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1000 Kwacha Snake

Issuer Bank of Zambia
Year 2000
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Value 1000 Kwacha (1000 ZMK)
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Reverse lettering 1000 KWACHA
2000
Edge Plain
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Additional information

Zambia's late-1990s bimetallic and novelty coin program was partly driven by the IMF-pressured shift away from high-denomination banknotes, though the 1000 Kwacha face value reflects just how severely the kwacha had depreciated by the turn of the millennium — a consequence of copper price collapses that had gutted the economy since the 1970s. By 2000, 1000 kwacha was worth well under a single US dollar.

The snake series was issued under a wildlife coinage program aimed partly at the collector market, not everyday commerce.

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