Editing Zambian kwacha (section)

==== Third issue (1974–1976) ====
Prior to the third issue, short-lived designs of the obverses of the 10 and 20 kwacha banknotes were introduced. The new banknotes were printed by the English [[engraving]], and printing company [[Bradbury Wilkinson and Company|Bradbury, Wilkinson & Co.]] The new designs featured an older portrait of president Kenneth Kaunda, without the usual frame design, and bearing the signature of Mr Bitwell R. Kuwani. Specimen banknotes were issued for both banknotes, with the word SPECIMEN overprint in red sans on both the obverse and reverse. Thanks to their scarcity, both bills are the most expensive banknotes of the Zambian collection among [[Notaphily|notaphilists]].

{| class="wikitable"
|- style="background:#2E8B57;"
! Denomination
! [[Standard Catalog of World Paper Money|Pick]]
! Obverse
! Reverse
! F.I<sup>1</sup>
! L.I<sup>2</sup>
! Description
|-
| Ten Kwacha
| P-17
| 
| 
| 1974
| 1974
|<small>'''Obverse:''' Blue on multicolor [[underprint]]. An older [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center.</small><br />
<small>'''Reverse:''' [[Victoria Falls, Zambia|Victoria Falls]] on the [[Zambezi River]] at center..</small><br />
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
|-
| Twenty Kwacha
| P-18
| 
| 
| 1974
| 1974
| <small>'''Obverse:''' Red and purple on multicolor [[underprint]]. An older [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center.</small><br />
<small>'''Reverse:''' [[National Assembly (Zambia)|National Assembly]] building in [[Lusaka]] at center.</small><br />
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
|}
<small><sup>1</sup> ''First Issued,'' refers to the year of first issue of the actual banknote from the same emission.</small><br />
<small><sup>2</sup> ''Last Issued:'' refers to the year of last issue of the actual banknote from the same emission.</small>

In 1976, a four bills third issue was issued, in which the old frame design was re-adopted once again. Banknotes with all denominations were reproduced, except for the twenty kwacha bill, which was never issued in spite of being redesigned. All bills bore the signatures of Mr Luke J. Mwananshiku, the fifth governors of the Bank of Zambia, except for the two kwacha banknotes, which retained the signature of Mr Bitwell R. Kuwani. The third emission banknotes were exactly similar to these of the second emission, except for president [[Kenneth Kaunda]]'s portrait, where an older portrait replaced the younger portrait appearing on the first, and second emissions. The banknotes were once again printed by [[De La Rue|Thomas De La Rue & Co. Limited]], and [[specimen banknote]]s were issued for each denomination, with the word SPECIMEN [[overprint]] in red [[Sans-serif|sans]] on both the obverse and reverse.

{| class="wikitable"
|- style="background:#2E8B57;"
! Denomination
! [[Standard Catalog of World Paper Money|Pick]]
! Obverse
! Reverse
! F.I<sup>1</sup>
! L.I<sup>2</sup>
! Description
|-
| One Kwacha
| P-19
| 
| 
| 1976
| 1980
| <small>'''Obverse:''' Dark brown on multicolor [[underprint]]. An older [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center.</small><br />
<small>'''Reverse:''' Farmer plowing field with [[tractor]]. Another two farmers plowing the same field with four [[ox]]en.</small><br />
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
|-
| Two Kwacha
| P-20
| 
| 
| 1976
| 1980
| <small>'''Obverse:''' Green on multicolor [[underprint]]. An older [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center.</small><br />
<small>'''Reverse:''' Copper mining facility. Mining tower at the center, and conveyor belt on the left.</small><br />
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
|-
| Five Kwacha
| P-21
| 
| 
| 1976
| 1980
| <small>'''Obverse:''' Red-violet on multicolor [[underprint]]. An older [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center.</small><br />
<small>'''Reverse:''' Child painting and children in class at center. School on the left.</small><br />
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
|-
| Ten Kwacha
| P-22
| 
| 
| 1976
| 1980
| <small>'''Obverse:''' Blue on multicolor [[underprint]]. An older [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center.</small><br />
<small>'''Reverse:''' [[Victoria Falls, Zambia|Victoria Falls]] on the [[Zambezi River]] at center.</small><br />
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
|-
| Twenty Kwacha
| P-22A
|
|
| N/A
| N/A
| <small>'''Obverse:''' Purple, and red on multicolor [[underprint]]. An older [[portrait]] of president [[Kenneth Kaunda]] in tribal outfit on the right. [[Coat of arms of Zambia|Coat of Arms]] at upper center.</small><br />
<small>'''Reverse:''' [[National Assembly (Zambia)|National Assembly]] building in [[Lusaka]] at center.</small><br />
<small>'''Watermark:''' President [[Kenneth Kaunda]]</small>
|}
<small><sup>1</sup> ''First Issued,'' refers to the year of first issue of the actual banknote from the same emission.</small><br />
<small><sup>2</sup> ''Last Issued:'' refers to the year of last issue of the actual banknote from the same emission.</small>

{|class = "wikitable"
!Denomination!!Dates
|-
|50 ngwee||1968–1973
|-
|1 kwacha||1968–1988
|-
|2 kwacha||1968–1989
|-
|5 kwacha||1973–1989
|-
|10 kwacha||1968–1991
|-
|20 kwacha||1968–1992
|-
|50 kwacha||1986–2013
|-
|100 kwacha||1991–2013
|-
|500 kwacha||1991–2013
|-
|1000 kwacha||1992–2013
|-
|5000 kwacha||1992–2013
|-
|10,000 kwacha||1992–2013
|-
|20,000 kwacha||2003–2013
|-
|50,000 kwacha||2003–2013
|}

Until 1991, all Zambian banknotes featured a portrait of President [[Kenneth Kaunda]] on the obverse. After 1992, all notes have instead featured a [[African fish eagle|fish eagle]] on the obverse. After 1989, all the reverses featured the Chainbreaker statue. In 2003, Zambia became the first African country to issue [[polymer banknotes]]. The 500 and 1000 kwacha were both printed on polymer. Although the old 20 kwacha note was still in circulation until 2012, such is the rarity of this note that most major retailers rounded prices up to the nearest 50 kwacha when calculating a total. Most items in major supermarkets were displayed using 20 kwacha in the value (e.g., 1980 kwacha).