The K1.00 coin (Former K1,000.00) and 5 ngwee are featured here. You realize that it is hard to talk about coins as Zambia has not had them in a while. We had them, but they were not worth anything.
So this is a very useful introduction in the economy. We have an opportunity to use this form of exchange for a lot more issues. To note are the durability issues as compared to paper money. Coins are durable and so less money will be spent (money which was spent in printing paper money every now and then). Once coins have been minted, it takes a relatively longer period for the next session of minting.
Here is a close look at the one kwacha (K 1.00) and five ngwee (K 0.05) coins.
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