Underwater stones of currency transactions from a waterfall

In 1840, the young British Jew David Livingston threw a chantable family commerce and deepened in the unknown Debresses of Africa. In the past few decades, he opened the Zambezi River for Europeans, one of the greatest waterfalls of the world – Victoria and several large lakes (on the shore of one of which died).

In 1987, a barely Soviet Union opened the outside world for his citizens, a group of Moscow kayakers made a unheard of that time (with us) journey. A couple of weeks they fought with the thresholds of Zambezi and everything, fortunately, remained intact.

These are very different on the scale, but the events similar in the spirit took place on the territory that now belongs to the Republic of Zambia.

Alien in Zambia can bring different reasons – business or search for entertainment. Entertainment here traditional for black Africa: meetings with wild animals in national parks. Plus the famous thresholds and waterfalls of Zambezi, of which Victoria is only the largest, but far from the only one.

Serious affairs in Zambia are almost always connected with metallurgy and mining industry. The country’s subsoil from the thirties of our century gives people a whole range of non-ferrous metals. However, due to the common poor state of the national economy, the organization of a successful business here is not easy task.

Something in the national economy is still changing for the better. For example, the authorities managed to slow down inflation, which in the previous decade reached 500% per year. Now the Kvacuqi course – a Zambian monetary unit – slightly fluctuates at about 1.300 for 1 US dollar.

Kwacha formally divided by 100 NGVI. But NGV themselves because of their microscopic purchasing power in the circulation have long been no longer found.

Interestingly, even during the most desperate inflation, the Zambian authorities avoided the temptation to introduce severe currency control, so typical of many continent countries. Along with state and foreign banks in the country there have always existed private exchange offices (by the way, they pay for SLE percentage of 5 more than banks). Filling over the currency declaration on the border – the case is more voluntary than mandatory.

One or two banks or exchange points are in any town. The schedule of their work is not the same everywhere, but in big cities they are usually open from 8.30 to 15.00 on weekdays and on Saturdays – from 8.30 to 11.00. In the capital of the country, Lusaka banks are concentrated on Cairo Road Street. They change and cash, and traveler checks.

Credit cards, at least in Lusaka, are made quite widely. In the city branch of Barclays Bank you can get cash dollars.

Underwater stones of currency transactions from a waterfall

Thanks to the currency liberalism of the authorities, the black market of money in Zambia is practically absent. Stray self-stamped changed in significant quantities can be found only on border crossings with neighboring African countries. In particular, in the area of ​​Waterfall Victoria, where Zambia borders with Zimbabwe. There is one subtlety that a traveler who goes from the first country to the second, it is worth firmly to remember. With changers working on the Zambian side and on the neutral strip between the borderposts (that is, to simply speaking, on the bridge over the River Zambezi), the case, in general, you can have. The same as welcoming you in Zimbabvian territory, it is better to go around the party. The likelihood is that they at least have a maximum of you, as a maximum – will pass to the police. This is another country and completely different orders. In Zimbabwe with currency control do not joke.

You don’t have to change a lot of quach. First, they are not very comfortable to wear. The largest bill in Zambia is 1.000 kvach. That is, if you change at least $ 50, then get a pack of paper thick with almost our standard banking packaging.

Secondly, as a foreigner, you are obliged to pay directly in SLE. Dear hotels (and cheap in this country there are few) simply do not accept fee otherwise as in solid currency. Similarly, take from strangers for safaris in national parks.

Thirdly, exchange offices do not like to change the quaches back to the SLE. Therefore, if you do not calculate and buy a local currency more than necessary, it may forever settle in your pocket dead cargo. From such a situation, the yield is one: make friends with someone from the locals (who have the right to pay the quachas for anything) and ask for a tour or safari from his own behalf. Outside Zambia, it is impossible to spend it;.

"Hard currency" In Zambia usually means "U.S. dollars" or "British pounds sterling". Other global wells in these parts are poorly known.

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