Zambian pound
Appearance
![]() £1 note | |
Unit | |
---|---|
Symbol | £ |
Denominations | |
Subunit | |
1⁄20 | shilling (s or /–) |
1⁄240 | penny (d) |
Banknotes | 10/–, £1, £5 |
Coins | |
Rarely used | 1d, 6d, 1/–, 2/– |
Demographics | |
User(s) | Zambia |
Issuance | |
Central bank | Bank of Zambia |
Website | www |
Thepoundwas the currency ofZambiafrom independence in 1964 until decimalization on January 16, 1968. It was subdivided into 20shillings,each of 12pence.
History
[edit]The Zambian pound replaced theRhodesia and Nyasaland poundat par. It was pegged 1:1 tosterlingand was replaced by thekwachaat a rate of £1 = ZK2 or ZK1 = 10/–.
Coins
[edit]In 1964, cupro-nickel 6d, 1/– and 2/– coins were introduced, followed by a 5/– coin in 1965, and holed, bronze 1d coins in 1966.
Banknotes
[edit]In 1964, theBank of Zambiaintroduced notes in denominations of 10/–, £1 and £5.
Image | Denomination | Obverse | Reverse |
---|---|---|---|
[1] | 10 shillings | Chaplin's barbet | Farmers plowing with tractor and oxen |
[2] | 1 pound | Black-cheeked lovebird | Mining tower and conveyors |
[3] | 5 pounds | Wildebeest | Victoria Falls |
References
[edit]- Krause, Chester L.; Clifford Mishler (1991).Standard Catalog of World Coins:1801–1991(18th ed.). Krause Publications.ISBN0873411501.
- Pick, Albert (1994).Standard Catalog of World Paper Money:General Issues.Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications.ISBN0-87341-207-9.
External links
[edit]Preceded by: Rhodesia and Nyasaland pound Reason:independence Ratio:at par |
Currency ofZambia 1964 – 1968 |
Succeeded by: Zambian kwacha Ratio:2 kwacha = 1 pound |