Southern Rhodesian pound

Infobox Currency
image_1 =
image_title_1 =
using_countries = Southern Rhodesia
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
obsolete_notice = Y |The pound was the currency of Southern Rhodesia. It also circulated in Northern Rhodesia and Nyasaland. The pound was subdivided into 20 "shillings", each of 12 "pence".

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, which continued to use the Southern Rhodesian pound until 1955 when coins were introduced for the Rhodesia and Nyasaland pound. 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 branch of the Standard Bank of South Africa 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.

References

*numis cite SCWC|date=1991
*numis cite SCWPM|date=1994
*numis cite SCWPM|date=1990.s

External links

Standard numismatics external links
world_coin_gallery_1_url = Zimbabwe
world_coin_gallery_1_name = Southern Rhodesia
banknote_world_1_url = rhodesia
banknote_world_1_name = Southern Rhodesia
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

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