Catalog
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| Issuer | Reserve Bank of Malawi |
|---|---|
| Year | 2012-2018 |
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| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | 1.72 mm |
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| Technique | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | MALAWI |
| Reverse description | Log in to see details |
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| Reverse lettering | 2015 5 KWACHA |
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| Additional information |
Malawi redenominated its currency in 2012, with the kwacha losing roughly half its official value overnight after the government — under pressure from the IMF — abandoned the fixed exchange rate that predecessor Bingu wa Mutharika had stubbornly defended until his death in April of that year. The 5 Kwacha coin entered circulation in that same climate of abrupt monetary adjustment.
Stainless steel clad iron was the pragmatic choice for a country managing chronic import costs on coinage metals.