Zambia’s Kwacha Strength Signals Structural Progress, Not Luck

2026-02-06 - 16:20

🇿🇲 VIEWPOINT | Zambia’s Kwacha Strength Signals Structural Progress, Not Luck At a time when many emerging market currencies are wobbling under inflation pressures and geopolitical risk, the Zambian kwacha has quietly stood out. As of 5 February 2026, the kwacha was quoted around ZMW 18.40 to 18.72 per US dollar, a level that underscores