Zambian MoneyThe Zambian money is measured in Kwacha and Ngwee. Kwacha and ngwee is a Bemba phrase, which stands for “Its dawn and clear!” referring to the freedom and independence which was granted after a vicious struggle with the colonial Masters. The Zambian currency is denoted by the symbol ZMK. The Kwacha is divided into 100 ngwee. In the year 2003, the Zambian government as the first African country, printed its K 500 and K1, 000 notes on polymer. Denominations Currently, the highest denomination is a fifty thousand kwacha note, followed by twenty thousand, ten thousand, five thousand, one thousand, five hundred, two hundred, fifty kwacha, and twenty kwacha. The notes feature an African Fish Eagle on one side and various animals on the reverse side. 
Current exchange rate of US$1.00 is equal to ZMK 4,801.00
Though the kwacha has been divided into 100 ngwee, due to the inflation rate, prices have been rounded up to the nearest fifty kwacha. Just an example of how inflationary the kwacha is, as at now US$1.00 is equal to Zmk 5443.00 Zambian Banks Banks are found in major towns. Among such banks are Stanchart, Barclays, Zambia National Commercial bank, Stanbic, Access, Indo Zambia Bank, Finance bank and Bureau de change which offer better exchange rates than banks.
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