NGWEE Meaning and
Definition
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The word "ngwee" is a noun that refers to the currency of Zambia. It is the subunit of the Zambian Kwacha, the official legal tender of the country. One Kwacha is equal to 100 ngwee.
Ngwee can also be used to indicate a unit of measurement for fraction or a small amount in relation to the main currency. Despite being a distinct currency, ngwee is more commonly used as the lowest denomination of the Zambian currency.
Historically, ngwee was introduced in Zambia on January 16, 1968, when the country transitioned from the pound sterling system to a decimal currency system. The word "ngwee" was derived from the local Bemba language, which is widely spoken in Zambia. It means "bright" or "shininess," possibly indicating the hope for a prosperous and bright future for the nation.
In everyday usage, ngwee is used for smaller transactions, such as paying for inexpensive goods, public transportation, or small services. It is commonly represented in coins rather than paper notes. Coins come in denominations of 1, 5, 10, and 50 ngwee.
Overall, "ngwee" is a term that holds financial significance in Zambia, representing both a unit of currency and a fraction of the Zambian Kwacha.
Common Misspellings for NGWEE
- bgwee
- mgwee
- jgwee
- hgwee
- nfwee
- nvwee
- nbwee
- nhwee
- nywee
- ntwee
- ngqee
- ngaee
- ngsee
- ngeee
- ng3ee
- ng2ee
- ngwwe
- ngwse
- ngwde
- mngwee
Etymology of NGWEE
The word "ngwee" is derived from the Bemba language, which is one of the major languages spoken in Zambia. In Bemba, "ngwee" means "bright" or "shiny". It was chosen as the name for the Zambian currency to reflect the country's natural resources and wealth. The Zambian ngwee was introduced as the country's official currency in 1968, replacing the Zambian pound.
Similar spelling words for NGWEE
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