Rhodesia and Nyasaland pound

Infobox Currency
image_1 =
image_title_1 =
using_countries = Rhodesia and Nyasaland
pegged_with = British pound at par
subunit_ratio_1 = 1/20
subunit_name_1 = shilling
subunit_ratio_2 = 1/240
subunit_name_2 = penny
symbol = £
symbol_subunit_1 = s
symbol_subunit_2 = d
plural =
plural_subunit_2 = pence
used_coins = ½, 1, 3, 6 pence, 1, 2, 2½ shillings
used_banknotes = 10 shillings, £1, £5, £10
issuing_authority = Bank of Rhodesia and Nyasaland
obsolete_notice = Y |The pound was the currency of the Federation of Rhodesia and Nyasaland. It was subdivided into 20 "shillings", each of 12 "pence".

History

The Federation was formed in 1953, and the new currency was created in 1955 to replace the Southern Rhodesian pound which had been circulating in all parts of the federation (Southern Rhodesia, Northern Rhodesia, and Nyasaland). The Rhodesia and Nyasaland pound replaced the Southern Rhodesian pound at par and was pegged at par to the British pound.

The Federation broke up at the end of 1963 and the three territories reverted to being separate British colonies. In the second half of 1964, Nyasaland became independent as Malawi, Northern Rhodesia became independent as Zambia, and Southern Rhodesia declared a name change to Rhodesia. Each issued their own pounds, at par with the Rhodesia and Nyasaland pound. See Malawian pound, Zambian pound and Rhodesian pound.

Coins

The Federation also issued its own coinage. In 1955 a full new set of coins were issued with the Mary Gillick obverse of the Queen and various African animals on the reverse. The denominations followed those of sterling, namely halfpennies and pennies, which had a hole in them, threepences (known as tickeys), sixpences, shillings, a two shilling piece and a half crown. There were further full issues of all these coins in 1956 and 1957, but thereafter only pennies and half pennies were produced until some further issues of sixpences in 1962 and 1963, and threepences in 1963 and 1964. The higher denomination coins, though not particularly rare, are very popular with collectors because of their attractive reverse designs. Threepences and halfpennies were struck in 1964 despite the fact the Federation ended on 31st December 1963.

Banknotes

In 1956, the Bank of Rhodesia and Nyasaland introduced notes for 10 shillings, 1, 5 and 10 pounds.

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 and Nyasaland
world_coin_gallery_1_anchor = Nyasaland
banknote_world_1_url = Rhodesia&Nyasaland
banknote_world_1_name = Rhodesia and Nyasaland
dollarization_1_url = zw
dollarization_1_name = Zimbabwe
dollarization_2_url = mw
dollarization_2_name = Malawi
dollarization_3_url = zm
dollarization_3_name = Zambia
gfd_1_url = Zimbabwe
gfd_1_name = Zimbabwe
gfd_2_url = Malawi
gfd_2_name = Malawi
gfd_3_url = Zambia
gfd_3_name = Zambia
gfd_data_1_url =
gfd_data_1_name =
show_gfd_excel = Y
* [http://rhodesian.server101.com/Rhodesian%20Currency.htm Rhodesian Currency]