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The kwacha is the name of the monetary unit of Zambia (since 1968) and of Malawi (since 1970). The Zambian kwacha (ISO 4217: ZMK) is divided into 100 ngwee; the Malawian kwacha (ISO 4217: MWK) into 100 tambala.
The name derives from the Bemba word for "dawn", alluding to the Zambian nationalist slogan of a "new dawn of freedom".
In 2003 Zambia was the first African country to issue polymer banknotes. The K500 and K1000 are both printed on polymer.
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