50 Kwacha

Zambia redenominated in January 2013, replacing the old kwacha at a rate of 1,000:1 — meaning this 50 Kwacha note was equivalent to the old 50,000 Kwacha denomination. The redenomination was partly a psychological exercise: inflation had made everyday transactions require notes in the tens of millions, and the government judged that restoring smaller, legible denominations would support confidence in monetary policy. Whether it worked is debatable; inflation pressures returned within a few years.

G&D's Leipzig facility has printed Zambian currency through multiple political administrations, making this one of the more consistent relationships in sub-Saharan African note production.