Exchange Rate

just another fun worksheet

Side note: Our currency was revalued 1 January, leaving our Kwacha three zeros closer to the decimal point. Instead of $1 USD being equal (approximately) to K 5,000, $1 is now equal to about 5 Kwacha! Plus, we now have coins called Ngwee. It’s going to be an interesting adjustment these next few months as stores and banks (and brains!) continue the conversion to the new Kwacha.

Just for the record: Zambian Kwacha was previously written “ZMK.” Now, the proper notation is “ZMW,” reflecting the rebase.