Definition

1. Noun:
   • The basic unit of money in Zambia: The "Zambian kwacha" is the official currency of the Republic of Zambia. It is subdivided into 100 ngwee.

Usage

• The "Zambian kwacha" is used as a standard monetary unit for pricing goods and services, measuring value, and conducting financial transactions within Zambia.
• It is typically represented by the currency code ZMW and the symbol K.

Examples

• Noun:
  • The price of the meal was 150 Zambian kwacha.
  • She exchanged her dollars for Zambian kwacha at the bank.
  • The old coin was worth five ngwee, a fraction of one Zambian kwacha.

Advanced Usage

• "to be denominated in Zambian kwacha": to have a value stated in the currency of Zambia.
  • The government bond is denominated in Zambian kwacha.

Variants and Related Words

• Kwacha (ZMW): The common abbreviated name for the currency.
• Ngwee: The subunit of the Zambian kwacha, where 100 ngwee equal 1 kwacha.
• Zambian: Pertaining to Zambia; used here as an adjective specifying the nationality of the currency.

Synonyms

• Zambian currency: A general term for the money used in Zambia.
• ZMW: The ISO 4217 currency code for the Zambian kwacha.

Related Phrases

• "the strength of the kwacha": refers to the value of the Zambian currency in foreign exchange markets.
  • Exporters benefit from the strength of the kwacha.
• "kwacha notes/coins": refers to the physical banknotes and coins of the currency.
  • He paid with a stack of kwacha notes.

Noun

1. the basic unit of money in Zambia