kwacha
1
9.9
- noun
- /ˈkwɑːtʃə/
:
kwacha
- It will cost about 250 kwacha, which is roughly US $2.
- about 200 kwacha
Examples
-
Better than the dong or the kwacha.
-
In 1991-92, price inflation rose to an annual rate of well over 200 percent, and the kwacha depreciated by over 400 percent, until the two trends were stabilized and reversed to a modest extent in the second half of 1993.
Academic text (1994) -
British pounds, Russian rubles, Chinese yuan, Japanese yen, and even that unlikely monetary unit, the Zambian kwacha, any one of these will be used for payments rather than giving up a gold coin.
Blog text (19) -
The government's withdrawal of subsidies on maize, fertilizer, and fuel, its inclination to let interest rates rise and the currency (the kwacha) change value in line with market forces, and its determination in 1993 to operate a cash budget for public sector spending, which has meant severe constraints on the money supply, have all had some predictable consequences.
Academic text (1994) -
I saw people waiting in line to deposit an average of about 200 kwacha, around $1.40.
-
More than 90 million kwacha has been raised to support families in need.
Synonyms
The main money used in Zambia, equal to 100 ngwee
Compounds
Surface Forms
Etymology
Kwacha comes from local languages like Nyanja and Bemba where it means 'dawn' or 'it has dawned'; it was chosen after Zambia's independence to mean a 'new day' for the country. So the Zambian currency called kwacha reminds people of a fresh start and hope.