Zambia's national currency. Currency symbol (ZMW). Until December 12, 2012, the currency code was ZMK. The redenomination of the older Kwacha currency unit, approved the previous year, begin in 2013. For half of the year, the old and new currencies circulated side by side. The Bank of Zambia removed approximately 95% of the old currency from circulation in June 2013.

The Zambian Kwacha (ZMW) is the official currency of Zambia, introduced in 1968 to replace the Zambian pound. Its name, "Kwacha," means "dawn" in several Zambian languages, symbolizing a new era post-independence. The currency is divided into 100 ngwee. The Bank of Zambia is responsible for issuing and regulating the Kwacha. Initially pegged to the US dollar, the Kwacha has undergone several revaluations and fluctuations due to economic conditions and policy changes. Banknotes and coins come in various denominations, featuring iconic national symbols and notable Zambian figures. The Kwacha plays a crucial role in Zambia's economy, influencing trade, investment, and daily transactions within the country.