Zambian kwacha
The Kwacha (ISO 4217 code: ZMW) is the currency of Zambia. It is subdivided into 100 "Ngwee".
Zimbabweans in Zambia
Among Zimbabweans who have moved to Zambia are a small number of white Zimbabwean farmers, whose numbers had reached roughly 150 to 300 people . They farm a variety of crops including tobacco, wheat, and chili peppers on an estimated 150 farms. The capital they brought, combined with general economic liberalisation under the late Zambian president Levy Mwanawasa, has been credited with stimulating an agricultural boom in Zambia. In 2004, for the first time in 26 years, Zambia exported more corn than it imported. Zambia was considered the "easy option" for Zimbabwean farmers as compared to other potential destinations such as Malawi or Nigeria due to the close resemblance between the soil and climate of Zambia and that of Zimbabwe, as well as Zambia's relative stability; however, farmers who relocated to Zambia typically took on heavy debts denominated in Zambian kwacha while selling their produce abroad for U.S. dollars, which put them into difficulties when the kwacha appreciated almost one-third against the dollar in 2006.