Rhodesian dollar

Rhodesian dollar

Infobox Currency
image_1 = Rhodesia1.jpg
image_title_1 = 1 dollar note
iso_code =
using_countries = flag|Rhodesia
subunit_ratio_1 = 1/100
subunit_name_1 = cent
symbol = $
used_coins = ½, 1, 2½, 5, 10, 20, 25 cents
used_banknotes = 1, 2, 5, 10 dollars
issuing_authority = Reserve Bank of Rhodesia
The dollar ("R$") was the currency of Rhodesia between 1970 and 1980. It was subdivided into 100 cents.

History

The dollar was introduced on February 17, 1970, less than a month before the declaration of the Republic of Rhodesia on March 2, 1970. It replaced the pound at a rate of 2 dollars to 1 pound. The dollar proved to be a strong currency, at parity with the Pound sterling right up to the very end of Rhodesia in 1980, when it was replaced by the Zimbabwean dollar at par. However, it should be noted that the Rhodesian dollar was never a fully convertible currency and that its exchange rate was therefore no recognition of underlying economics.

Coins

In 1970, bronze ½ and 1 cent and cupro-nickel 2½ cent coins were introduced, which circulated alongside the earlier coins of the Rhodesian pound for 5, 10, 20 and 25 cents, which were also denominated in shillings and pence. New 5 cent coins were introduced in 1973, followed by 10, 20 and 25 cents in 1975. Coins were issued until 1977.

Banknotes

In 1970, the Reserve bank of Rhodesia introduced notes in denominations of 1, 2 and 10 dollars. 5 dollar notes were added in 1972.

Exchange rate history

This table shows the historical value of one Rhodesian dollar.

References

*numis cite SCWC|date=1991
*numis cite SCWPM|date=1994

External links

Standard numismatics external links
world_coin_gallery_1_url = Zimbabwe
world_coin_gallery_1_name = Rhodesia
banknote_world_1_url = Rhodesia
banknote_world_1_name = Rhodesia
dollarization_1_url = zw
dollarization_1_name = Zimbabwe
gfd_1_url = Zimbabwe
gfd_1_name = Zimbabwe
gfd_data_1_url =
gfd_data_1_name =
show_gfd_excel = Y

* [http://www.rhodesian.net/Rhodesian%20Currency.htm Republic of Rhodesia Currency]
* [http://rhodesia.avvn-net.com/rh_curr.htm Rhodesian Currency Page] , with a short description of each note.


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