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50 Kwacha

Issuer Reserve Bank of Malawi
Year 2012
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Value 50 Kwacha
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Reverse description The central vignette presents a group of elephants within the landscape of Kasungu National Park, a safari vehicle visible in the composition. The Reserve Bank of Malawi emblem is present on the reverse.
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Variants P#58a - 01.01.2012
P#58b - 01.06.2012
Comments

Malawi's banknote redesign program of the early 2010s coincided with a dramatic economic rupture: in May 2012, the newly installed Banda administration floated the kwacha after years of artificial pegging, triggering an immediate devaluation of roughly 50 percent against the dollar. Notes from this year entered circulation into a profoundly disrupted purchasing environment, and the 50 Kwacha denomination, once mid-range, was almost immediately rendered low-value in practical terms.

Giesecke & Devrient's Leipzig facility has handled Malawian currency production across several series. The security provision here is modest — watermark only, no thread — reflecting a denomination whose real-world value made sophisticated protection difficult to justify on cost grounds.

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