Zambian pound

Infobox Currency
image_1 = Zambia_Pound-(1964).jpg
image_title_1 = 1 pound
iso_code =
using_countries = Zambia
subunit_ratio_1 = 1/20
subunit_name_1 = shilling
subunit_ratio_2 = 1/240
subunit_name_2 = penny
symbol = £
rarely_used_coins = 1, 6 pence, 1, 2 shillings
used_banknotes = 10 shillings, £1, £5
issuing_authority = Bank of Zambia
issuing_authority_website = www.boz.zmThe pound was the currency in Zambia from independence in 1964 until decimalization on January 16, 1968. It was subdivided into 20 "shillings", each of 12 "pence".

History

The Zambian pound replaced the Rhodesia and Nyasaland pound at par. It was pegged to the British pound at par and was replaced by the kwacha at a rate of 2 kwacha = 1 pound or 1 kwacha = 10 shillings.

Coins

In 1964, cupro-nickel 6 pence, 1 and 2 shilling coins were introduced, followed by holed, bronze 1 penny coins in 1966.

Banknotes

In 1964, the Bank of Zambia introduced notes in denominations of 10 shillings, 1 and 5 pounds.

References

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

External links

Standard numismatics external links
world_coin_gallery_1_url = Zambia
world_coin_gallery_1_name = Zambia
banknote_world_1_url = zambia
banknote_world_1_name = Zambia
dollarization_1_url = zm
dollarization_1_name = Zambia
gfd_1_url = Zambia
gfd_1_name = Zambia
gfd_data_1_url =
gfd_data_1_name =
show_gfd_excel = Y