Rhodesian pound
3274432
183288741
2008-01-10T00:09:16Z
Chochopk
170745
unnecessary |
{{Infobox Currency
|image_1 = Rho-one-pound-note.jpg
|image_title_1 = Pre-UDI £1
|using_countries = {{flag|Rhodesia}}
|pegged_with = [[British pound]] at par, then R£ 1 = [[United States dollar|US$]] 2.8
|subunit_ratio_1 = 1/20
|subunit_name_1 = [[shilling]]
|subunit_ratio_2 = 1/240
|subunit_name_2 = [[penny]]
|symbol = [[Pound sign|£]]
|symbol_subunit_1 = s
|symbol_subunit_2 = d
|plural =
|plural_subunit_2 = pence
|used_coins = 3d, 6d, 1/-, 2/-, 2/6
|used_banknotes = 10/-, £1, £5
|issuing_authority = Reserve Bank of Rhodesia
|printer = [[Bradbury Wilkinson]] (before [[1965]])<br/>in Rhodesia between [[1966]] and October [[1968]]
|obsolete_notice = Y
}}
The '''pound''' was the currency of [[Rhodesia]] from 1964 until 1970. It was subdivided into 20 ''[[shilling]]s'', each of 12 ''[[penny|pence]]''.
==History==
The Rhodesian pound was introduced following the break-up of the [[Federation of Rhodesia and Nyasaland]], when [[Southern Rhodesia]] changed its name to simply [[Rhodesia]]. The Rhodesian pound replaced the [[Rhodesia and Nyasaland pound]] at par and the coins and banknotes of this earlier currency continued to circulate.
Like its predecessor, the Rhodesian pound was initially pegged to the [[Pound sterling|British pound]]. When the British pound was devalued from [[US$]]2.8 to US$2.4 in 1967, Rhodesia switched its peg to 1 pound = US$2.8. In 1970, the pound was replaced by the [[Rhodesian dollar|dollar]], at a rate of 1 pound = 2 dollars.
==Coins==
{{main|Coins of the Rhodesian pound}}
In 1964, coins were introduced for 6 pence, 1, 2 and 2½ shillings, marked as 6<sup>D</sup>, 1’-, 2’- and 2’6. These coins also bore a denomination in cents (5<sup>C</sup>, 10<sup>C</sup>, 20<sup>C</sup> and 25<sup>C</sup>, respectively) although Rhodesia did not decimalize until 1970. In 1968, 3 pence coins were introduced which did not bear a denomination in cents. All coins had the title of [[Elizabeth II of the United Kingdom|Queen Elizabeth II]] in [[English language|English]], rather than in [[Latin]], as had been the case on the coins of Rhodesia and Nyasaland and Southern Rhodesia.
==Banknotes==
Banknotes were issued in denominations of 10 shillings, 1 and 5 pounds. All notes featured [[Elizabeth II of the United Kingdom|Queen Elizabeth II]] on the obverse. The reverse designs were reused on the new dollar notes introduced in 1970.
Prior to [[Unilateral Declaration of Independence (Rhodesia)|UDI]], Rhodesia was a member of the [[sterling zone]]. The banknotes were printed and supplied from the [[United Kingdom|UK]] by the printers [[Bradbury Wilkinson]]. After UDI, the [[United Kingdom|British]] government expelled Rhodesia from the sterling zone and the supply of banknotes dried up. This very soon had an adverse effect in Rhodesia, and the shortage of new notes and the condition of those in circulation began to become a pressing concern.
In early [[1966]], the Reserve Bank of Rhodesia ordered a completely new series of Rhodesian pound banknotes from the [[Germany|German]] printers [[Giesecke & Devrient]] in [[Munich]]. A court injunction prevented the banknotes from being despatched to Rhodesia, and the entire order was destroyed by the printers. Substitute consignments were printed in Rhodesia between 1966 and October [[1968]].
==External links==
*[http://rhodesian.server101.com/Rhodesian%20Currency.htm Rhodesian Currency]
{{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 = 6156
| gfd_data_1_name = Zimbabwe Dollar
| show_gfd_excel = Y
}}
{{n-start}}
{{n-before|currency=[[Rhodesia and Nyasaland pound]]|reason=federation break-up|ratio=at par}}
{{n-currency|location=[[Rhodesia]]|start=[[1964]]|end=[[1970]]}}
{{n-after|currency=[[Rhodesian dollar]]|reason=decimalization|ratio=2 dollars = 1 pound}}
{{n-end}}
[[Category:Currencies of Africa]]
[[Category:Modern obsolete currencies]]
[[Category:Rhodesia]]
[[ja:ローデシア・ポンド]]