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20 Kwacha

Issuer Bank of Zambia
Year 2015-2022
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Value 20 Kwacha
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Obverse description An African fish eagle perched on a branch occupies the right portion of the note, set against a vignette of a leafy tree rendered in intaglio. To the left, a holographic security patch and the Zambian coat of arms appear above the year date, with guilloche underprint in pink and green tones across the entire field. The denominations "K20" appear in the upper corners and lower right, with the legend "BANK OF ZAMBIA" arching across the top.
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Reverse description A standing impala (puku antelope) is shown at the left within a wavy-line guilloche underprint in red and green. The central vignette presents two mine workers operating drilling equipment, an evocation of Zambia's copper-mining industry, while at the right stands a statuesque figure identified with the Freedom Statue monument. The "BANK OF ZAMBIA" legend runs across the top, with denomination numerals "K20" repeated in the upper corners and lower right.
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Comments

Zambia redenominated its currency in 2013, lopping three zeros off the old kwacha and reissuing the entire series from scratch. The P#59 20 Kwacha entered circulation as part of that rebuilt family, printed by Giesecke & Devrient in Leipzig — a house with deep African central bank relationships going back decades, and the natural choice for a redenomination rollout requiring tight security specifications on a compressed timeline.

The series ran through 2022, an unusually long window that reflects the relative monetary stability Zambia maintained before its 2020 sovereign debt default complicated the broader economic picture.

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