The pound was the currency of Southern Rhodesia

Southern Rhodesia

Southern Rhodesia was the name of the British colony situated north of the Limpopo River and the Union of South Africa. From its independence in 1965 until its extinction in 1980, it was known as Rhodesia...

. It also circulated in Northern Rhodesia

Northern Rhodesia

Northern Rhodesia was a territory in south central Africa, formed in 1911. It became independent in 1964 as Zambia.It was initially administered under charter by the British South Africa Company and formed by it in 1911 by amalgamating North-Western Rhodesia and North-Eastern Rhodesia...

 and Nyasaland

Nyasaland

Nyasaland or the Nyasaland Protectorate, was a British protectorate located in Africa, which was established in 1907 when the former British Central Africa Protectorate changed its name. Since 1964, it has been known as Malawi....

. The pound was subdivided into 20 shilling

Shilling

The shilling is a unit of currency used in some current and former British Commonwealth countries. The word shilling comes from scilling, an accounting term that dates back to Anglo-Saxon times where it was deemed to be the value of a cow in Kent or a sheep elsewhere. The word is thought to derive...

s, each of 12 pence

Penny

A penny is a coin or a type of currency used in several English-speaking countries. It is often the smallest denomination within a currency system.-Etymology:...

.

History

From 1896, private banks issued notes denominated in pounds equal to the British pound. In 1932, a distinct coinage was introduced. In 1938, the Southern Rhodesia Currency Board was established and took over the issuance of paper money the following year. Southern Rhodesia, Northern Rhodesia and Nyasaland joined in 1953 to form the Federation of Rhodesia and Nyasaland

Federation of Rhodesia and Nyasaland

The Federation of Rhodesia and Nyasaland, also known as the Central African Federation , was a semi-independent state in southern Africa that existed from 1953 to the end of 1963, comprising the former self-governing colony of Southern Rhodesia and the British protectorates of Northern Rhodesia,...

, which continued to use the Southern Rhodesian pound until 1955 when coins were introduced for the Rhodesia and Nyasaland pound

Rhodesia and Nyasaland pound

The pound was the currency of the Federation of Rhodesia and Nyasaland. It was subdivided into 20 shillings, each of 12 pence.-History:...

. 1955 also saw the Southern Rhodesia Currency Board renamed the Central Africa Currency Board. In 1956, the first paper money of the Rhodesia and Nyasaland pound was introduced, completing the transition.

Coins

In 1932, .925 fineness silver coins were introduced in denominations of 3 and 6 pence, 1 and 2 shillings, and ½ crown (2½ shillings). These were followed in 1934 by holed, cupro-nickel ½ and 1 penny coins. In 1942, bronze replaced cupro-nickel, whilst the silver coins were debased to .500 fineness in 1944 and replaced by cupro-nickel in 1947. Coins were issued until 1954.

Banknotes

In 1896, the Salisbury

Harare

Harare before 1982 known as Salisbury) is the largest city and capital of Zimbabwe. It has an estimated population of 1,600,000, with 2,800,000 in its metropolitan area . Administratively, Harare is an independent city equivalent to a province. It is Zimbabwe's largest city and its...

 branch of the Standard Bank of South Africa

Standard Bank (historic)

The Standard Bank was a British overseas bank, which operated mainly in Africa from 1863 to 1969. It merged with the Chartered Bank in 1969 to form Standard Chartered.-History:...

 introduced the first Southern Rhodesian banknotes, in denominations of 1 and 5 pounds. This bank later issued 10 shilling notes. The Bank of Africa, Barclays Bank and the National Bank of South Africa also issued notes. These private bank issues ended in 1938.

In 1939, the Southern Rhodesia Currency Board introduced 10 shilling, 1 and 5 pound notes, followed by 5 shilling notes between 1943 and 1948 and 10 pounds in 1953. In 1955, the Central Africa Currency Board issued notes in denominations of 10 shillings, 1, 5 and 10 pounds.

External links

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