1 XDR to ZMK Zambian Kwacha

December 20, 2022 by pkr_to_usd_786

1 XDR to ZMK Zambian Kwacha
International Monetary Fund (IMF) Special Drawing Rights , Special drawing rights (SDRs, code XDR) are supplementary foreign exchange reserve assets defined an … >>> Find out more from wikipedia. category >>> XDR

1 XDR to ZMK Zambian Kwacha

1 IMF Special Drawing Rights ( XDR ) = 31930.406093935 Zambian Kwacha (ZMK)

1 XDR = 31930.406093935 ZMK

1 ZMK = 3.1318110927187E-5 XDR

Amount :

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1 IMF Special Drawing Rights ( XDR ) Is equal to 31930.406093935 Zambian Kwacha (ZMK)
International Monetary Fund (IMF) Special Drawing Rights
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IMF Special Drawing Rights

International Monetary Fund (IMF) Special Drawing Rights , Special drawing rights (SDRs, code XDR) are supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund (IMF).SDRs are units of account for the IMF, and not a currency per se. They represent a claim to currency held by IMF member countries for which they may be exchanged.SDRs were created in 1969 to supplement a shortfall of preferred foreign exchange reserve assets, namely gold and U.S. dollars.The ISO 4217 currency code for special drawing rights is XDR and the numeric code is 960, SDRs are allocated by the IMF to countries, and cannot be held or used by private parties. The number of SDRs in existence was around XDR 21.4 billion in August 2009. During the global financial crisis of 2009, an additional XDR 182.6 billion was allocated to "provide liquidity to the global economic system and supplement member countries' official reserves". By October 2014, the number of SDRs in existence was XDR 204 billion. Due to economic stress caused by the COVID-19 pandemic some economists and several finance ministers of poorer countries have called for a new allocation of $4T to support member economies as they seek ways to recover. In March 2021 the G24 and others proposed an allocation of $500B for this purpose. In response, XDR 456.5 billion (about US$650B) was allocated on August 23, 2021. The value of a SDR is based on a basket of key international currencies reviewed by IMF every five years.The weights assigned to each currency in the XDR basket are adjusted to take into account their current prominence in terms of international trade and national foreign exchange reserves.Currently, the XDR basket consists of the following five currencies: U.S. dollar 43.38%, euro 29.31%, renminbi (Chinese yuan) 12.28%, Japanese yen 7.59%, British pound sterling 7.44%. Find out more from wikipedia

Zambian Kwacha

Zambia Kwacha , The Kwacha (ISO 4217 code: ZMW) is the currency of Zambia. It is subdivided into 100 Ngwee. Etymology The name kwacha derives from the Nyanja, Bemba, and Tonga language word for "dawn", alluding to the Zambian nationalist slogan of a "new dawn of freedom". The name ngwee translates as "bright" in the Nyanja language. History Prior to independence in 1964, the Rhodesia and Nyasaland pound was the legal tender of the short-lived British protectorate of Northern Rhodesia. Banknotes of 10 shillings, 1, 5, and 10 pounds issued by the Central Africa Currency Board were in circulation, together with coins of 1⁄2, 1, 3, 6 pence, and 1, 2, 2+1⁄2, and 5 shillings. After independence, the Bank of Zambia issued the first Zambian currency, the Zambian pound, in 1964. The issued paper bills and coins were of similar denominations as these used before independence, except for the 10 pounds note, which was never issued by the Bank of Zambia. A new design to depict the newly independent country's history and struggle was adopted. The two currencies – the Rhodesia and Nyasaland pound and the Zambian pound, were allowed to circulate in parallel until December 15, 1965, when the South Rhodesian pound bills and coins were withdrawn from circulation, except for the 3 pence coin which was allowed to circulate alongside its Zambian alternative for a brief period. On July 1, 1966, the parliament approved the arrangements of the decimal currency system (Act 40 of 1966), changing the main currency unit to Kwacha, with one kwacha being equal to 100 ngwee. The exchange rate was set to one kwacha equivalent to ten Zambian shillings, or one half of a Zambian pound. Thus, by January 16, 1968, all Zambian pound notes and coins were removed from circulation and replaced by the new kwacha notes, and ngwee coins. The Zambian pound notes of 10 shillings, 1, and 5 pounds were changed into 1, 2 and 10 kwacha respectively, a note of 50 ngwee was issued to replace the old 5 shillings coin, alongside a new note of 20 kwacha. Ngwee coins with the denominations of 1, 2, 5, 10, and 20 ngwee replacing the existing 1, 3, 6 pence, 1, and 2 shillings coins respectively. The Zambian pound notes, and coins ceased to be a legal tender on January 31, 1974. At the very beginning, the kwacha was pegged to the pound sterling at a fixed rate of 1.7094 kwacha per 1 pound. Yet, after the devaluation of the US dollar on August 15, 1971, Zambia broke all its currency's ties to the British monetary unit, and pegged the kwacha to the American monetary unit. These reforms resulted in a reduction of the kwacha's gold standard by 7.8%. A few months later, the British Chancellor of the Exchequer Anthony Barber, announced the demise of the Sterling area, and flotation of the sterling pound, causing Zambia to renounce the monetary privileges once enjoyed as a member state. Throughout the years, the Zambian currency suffered high rates of inflation forcing the Bank of Zambia to introduce high value denominations in 2003, including 20,000 and 50,000 kwacha bills to facilitate transactions. In 2013, a new, redenominated kwacha was introduced. The value of Zambian currency has continued to fall since redenomination; the exchange rate was 22 kwacha to one U.S. dollar in April 2021. After the 2021 Zambian general election saw a defeat for Edgar Lungu, the currency's depreciation was reversed; as of 27 August 2021 one U.S. dollar was exchanged for about 16 kwacha.
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Convertion Chart XDR to ZMK
XDR		ZMK


5 XDR	=	159652.0305 ZMK
10 XDR	=	319304.0609 ZMK
15 XDR	=	478956.0914 ZMK
20 XDR	=	638608.1219 ZMK
25 XDR	=	798260.1523 ZMK
30 XDR	=	957912.1828 ZMK
35 XDR	=	1117564.2133 ZMK
40 XDR	=	1277216.2438 ZMK
45 XDR	=	1436868.2742 ZMK
50 XDR	=	1596520.3047 ZMK
55 XDR	=	1756172.3352 ZMK
60 XDR	=	1915824.3656 ZMK
65 XDR	=	2075476.3961 ZMK
70 XDR	=	2235128.4266 ZMK
75 XDR	=	2394780.457 ZMK
80 XDR	=	2554432.4875 ZMK
85 XDR	=	2714084.518 ZMK
90 XDR	=	2873736.5485 ZMK
95 XDR	=	3033388.5789 ZMK
100 XDR	=	3193040.6094 ZMK
105 XDR	=	3352692.6399 ZMK
110 XDR	=	3512344.6703 ZMK
115 XDR	=	3671996.7008 ZMK
120 XDR	=	3831648.7313 ZMK
125 XDR	=	3991300.7617 ZMK
130 XDR	=	4150952.7922 ZMK
135 XDR	=	4310604.8227 ZMK
140 XDR	=	4470256.8532 ZMK
145 XDR	=	4629908.8836 ZMK
150 XDR	=	4789560.9141 ZMK
155 XDR	=	4949212.9446 ZMK
160 XDR	=	5108864.975 ZMK
165 XDR	=	5268517.0055 ZMK
170 XDR	=	5428169.036 ZMK
175 XDR	=	5587821.0664 ZMK
180 XDR	=	5747473.0969 ZMK
185 XDR	=	5907125.1274 ZMK
190 XDR	=	6066777.1578 ZMK
195 XDR	=	6226429.1883 ZMK
200 XDR	=	6386081.2188 ZMK
205 XDR	=	6545733.2493 ZMK
210 XDR	=	6705385.2797 ZMK
215 XDR	=	6865037.3102 ZMK
220 XDR	=	7024689.3407 ZMK
225 XDR	=	7184341.3711 ZMK
230 XDR	=	7343993.4016 ZMK
235 XDR	=	7503645.4321 ZMK
240 XDR	=	7663297.4625 ZMK
245 XDR	=	7822949.493 ZMK
250 XDR	=	7982601.5235 ZMK
255 XDR	=	8142253.554 ZMK
260 XDR	=	8301905.5844 ZMK
265 XDR	=	8461557.6149 ZMK
270 XDR	=	8621209.6454 ZMK
275 XDR	=	8780861.6758 ZMK
280 XDR	=	8940513.7063 ZMK
285 XDR	=	9100165.7368 ZMK
290 XDR	=	9259817.7672 ZMK
295 XDR	=	9419469.7977 ZMK
300 XDR	=	9579121.8282 ZMK
305 XDR	=	9738773.8587 ZMK
310 XDR	=	9898425.8891 ZMK
315 XDR	=	10058077.9196 ZMK
320 XDR	=	10217729.9501 ZMK
325 XDR	=	10377381.9805 ZMK
330 XDR	=	10537034.011 ZMK
335 XDR	=	10696686.0415 ZMK
340 XDR	=	10856338.0719 ZMK
345 XDR	=	11015990.1024 ZMK
350 XDR	=	11175642.1329 ZMK
355 XDR	=	11335294.1633 ZMK
360 XDR	=	11494946.1938 ZMK
365 XDR	=	11654598.2243 ZMK
370 XDR	=	11814250.2548 ZMK
375 XDR	=	11973902.2852 ZMK
380 XDR	=	12133554.3157 ZMK
385 XDR	=	12293206.3462 ZMK
390 XDR	=	12452858.3766 ZMK
395 XDR	=	12612510.4071 ZMK
400 XDR	=	12772162.4376 ZMK
405 XDR	=	12931814.468 ZMK
410 XDR	=	13091466.4985 ZMK
415 XDR	=	13251118.529 ZMK
420 XDR	=	13410770.5595 ZMK
425 XDR	=	13570422.5899 ZMK
430 XDR	=	13730074.6204 ZMK
435 XDR	=	13889726.6509 ZMK
440 XDR	=	14049378.6813 ZMK
445 XDR	=	14209030.7118 ZMK
450 XDR	=	14368682.7423 ZMK
455 XDR	=	14528334.7727 ZMK
460 XDR	=	14687986.8032 ZMK
465 XDR	=	14847638.8337 ZMK
470 XDR	=	15007290.8641 ZMK
475 XDR	=	15166942.8946 ZMK
480 XDR	=	15326594.9251 ZMK
485 XDR	=	15486246.9556 ZMK
490 XDR	=	15645898.986 ZMK
495 XDR	=	15805551.0165 ZMK
500 XDR	=	15965203.047 ZMK

Convertion Chart ZMK to XDR
Zambian Kwacha		XDR


5 ZMK	=	0.0002 XDR
10 ZMK	=	0.0003 XDR
15 ZMK	=	0.0005 XDR
20 ZMK	=	0.0006 XDR
25 ZMK	=	0.0008 XDR
30 ZMK	=	0.0009 XDR
35 ZMK	=	0.0011 XDR
40 ZMK	=	0.0013 XDR
45 ZMK	=	0.0014 XDR
50 ZMK	=	0.0016 XDR
55 ZMK	=	0.0017 XDR
60 ZMK	=	0.0019 XDR
65 ZMK	=	0.002 XDR
70 ZMK	=	0.0022 XDR
75 ZMK	=	0.0023 XDR
80 ZMK	=	0.0025 XDR
85 ZMK	=	0.0027 XDR
90 ZMK	=	0.0028 XDR
95 ZMK	=	0.003 XDR
100 ZMK	=	0.0031 XDR
105 ZMK	=	0.0033 XDR
110 ZMK	=	0.0034 XDR
115 ZMK	=	0.0036 XDR
120 ZMK	=	0.0038 XDR
125 ZMK	=	0.0039 XDR
130 ZMK	=	0.0041 XDR
135 ZMK	=	0.0042 XDR
140 ZMK	=	0.0044 XDR
145 ZMK	=	0.0045 XDR
150 ZMK	=	0.0047 XDR
155 ZMK	=	0.0049 XDR
160 ZMK	=	0.005 XDR
165 ZMK	=	0.0052 XDR
170 ZMK	=	0.0053 XDR
175 ZMK	=	0.0055 XDR
180 ZMK	=	0.0056 XDR
185 ZMK	=	0.0058 XDR
190 ZMK	=	0.006 XDR
195 ZMK	=	0.0061 XDR
200 ZMK	=	0.0063 XDR
205 ZMK	=	0.0064 XDR
210 ZMK	=	0.0066 XDR
215 ZMK	=	0.0067 XDR
220 ZMK	=	0.0069 XDR
225 ZMK	=	0.007 XDR
230 ZMK	=	0.0072 XDR
235 ZMK	=	0.0074 XDR
240 ZMK	=	0.0075 XDR
245 ZMK	=	0.0077 XDR
250 ZMK	=	0.0078 XDR
255 ZMK	=	0.008 XDR
260 ZMK	=	0.0081 XDR
265 ZMK	=	0.0083 XDR
270 ZMK	=	0.0085 XDR
275 ZMK	=	0.0086 XDR
280 ZMK	=	0.0088 XDR
285 ZMK	=	0.0089 XDR
290 ZMK	=	0.0091 XDR
295 ZMK	=	0.0092 XDR
300 ZMK	=	0.0094 XDR
305 ZMK	=	0.0096 XDR
310 ZMK	=	0.0097 XDR
315 ZMK	=	0.0099 XDR
320 ZMK	=	0.01 XDR
325 ZMK	=	0.0102 XDR
330 ZMK	=	0.0103 XDR
335 ZMK	=	0.0105 XDR
340 ZMK	=	0.0106 XDR
345 ZMK	=	0.0108 XDR
350 ZMK	=	0.011 XDR
355 ZMK	=	0.0111 XDR
360 ZMK	=	0.0113 XDR
365 ZMK	=	0.0114 XDR
370 ZMK	=	0.0116 XDR
375 ZMK	=	0.0117 XDR
380 ZMK	=	0.0119 XDR
385 ZMK	=	0.0121 XDR
390 ZMK	=	0.0122 XDR
395 ZMK	=	0.0124 XDR
400 ZMK	=	0.0125 XDR
405 ZMK	=	0.0127 XDR
410 ZMK	=	0.0128 XDR
415 ZMK	=	0.013 XDR
420 ZMK	=	0.0132 XDR
425 ZMK	=	0.0133 XDR
430 ZMK	=	0.0135 XDR
435 ZMK	=	0.0136 XDR
440 ZMK	=	0.0138 XDR
445 ZMK	=	0.0139 XDR
450 ZMK	=	0.0141 XDR
455 ZMK	=	0.0142 XDR
460 ZMK	=	0.0144 XDR
465 ZMK	=	0.0146 XDR
470 ZMK	=	0.0147 XDR
475 ZMK	=	0.0149 XDR
480 ZMK	=	0.015 XDR
485 ZMK	=	0.0152 XDR
490 ZMK	=	0.0153 XDR
495 ZMK	=	0.0155 XDR
500 ZMK	=	0.0157 XDR