Currency: Zambian Kwacha

The Zambian Kwacha is the official currency of Zambia. One US dollar is worth around 22.00 ZMW. The Zambian Kwacha (ZMW) is the currency of Zambia, which is situated in southern Africa. It was first introduced in 1968, replacing the Zambian pound. The kwacha is subdivided into 100 ngwee. The Bank of Zambia is responsible for issuing and managing the currency. The kwacha is widely used throughout the country and is accepted at most major businesses, including hotels, restaurants, and shops. The currency has experienced significant fluctuations in recent years, due in part to political instability and economic uncertainty in the country. Despite these challenges, the kwacha remains an important currency in the region.