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Currency & Exchange

Currency of Zambia: Zambian Kwacha

Name: Currency and Money in Zambia
Creator: DigifyWorld

LusakaLocal time

Zambian Kwacha · ZMW · National

Zambian Kwacha

ISO ZMW · ZAMBIA

Zambian Kwacha

ISO codeZMW

Monetary authorityBank of Zambia

ZMW

ISO 4217 code

Currency identifier

Currencies with an official role

National

ZMW

Display identifier

ISO code used where a standalone symbol is not shown

Time-sensitive

Exchange-rate context

Check the rate date and source

CurrencyZambian Kwacha

ISO codeZMW

Largest noteK500

Largest coinK5

Current note series2025 Heritage Series

Who Issues Zambian Kwacha in Zambia

The Zambian Kwacha (ZMW) is administered as a national currency in Zambia, not as a unit of a regional currency union. Its displayed ISO code is ZMW, while its ISO 4217 numeric identifier is 967.

For Zambia, Bank of Zambia manages the monetary framework for the Zambian Kwacha in Zambia. ZMW is therefore a nationally administered currency rather than an externally issued unit.

Currency architectureNational

Primary currencyZambian Kwacha (ZMW)

Monetary authorityBank of Zambia

Exchange Rate for ZMW

For the monetary setup used in Zambia, the useful benchmark is a dated ZMW observation with its currency pair stated explicitly. Actual conversion costs depend on the provider's spread, fees and timing. The wording keeps the provider margin separate from the benchmark.

Latest available reference rate*Loading...

Checking USD/ZMW

Latest official/reference observation where supported. Source and date are shown after loading; this is not a trading quote.

USD=ZMW

On this Zambia currency page, compare like with like by using the same pair and roughly the same observation time. A bank, card network or cash desk may apply its own spread or fee to that benchmark.

Banknotes and Coins

Banknotes

The Bank of Zambia's 2025 Heritage Series has six banknotes: K10, K20, K50, K100, K200 and K500. Old banknotes ceased to be legal tender on 1 April 2026.

K10

K20

K50

K100

K200

K500

Coins

The Heritage Series has six coins: 5, 10 and 50 ngwee, plus K1, K2 and K5.

5 ngwee

10 ngwee

50 ngwee

Frequently Asked Questions

What currency is used in Zambia?

In the Zambia context, the Zambian Kwacha (ZMW) is the national currency, with Bank of Zambia responsible for the domestic monetary framework.

Who manages the currency system in Zambia?

Bank of Zambia is the main monetary authority identified for Zambia.

Are the exchange rates for Zambia real-time?

On a Zambian Kwacha conversion involving Zambia. For supported pairs, the converter retrieves the latest available reference observation and keeps the date visible. It is not a tick-by-tick dealing price or a promise of the rate a provider will offer.

Data note: Figures marked with * are sourced from external institutions or data providers and may change after publication. Exchange rates, payment statistics and other time-sensitive figures are provided for general reference and may not reflect current market, bank, card-network or transaction rates. DigifyWorld aims to use reliable sources and keep information current, but cannot guarantee that all data is complete, real-time or 100% accurate. Check the cited source or relevant monetary authority when making financial decisions.

Sources & methodology

Bank of Zambia is the principal reference used here for institutional facts about Zambian Kwacha in Zambia. ZMW identification follows ISO 4217, while exchange-arrangement classification is kept separate from dated market observations.

View sources used for this page

Exchange-rate note: the ZMW converter for Zambia requests a supported reference-rate source and displays the observation date. If no supported observation is available, the converter shows that a reference rate is unavailable instead of estimating one.