Zambian_pound
The pound was the currency of Zambia from independence in 1964 until decimalization on January 16, 1968. It was subdivided into 20 shillings, each of 12 pence.
Quick Facts Unit, Symbol ...
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 |
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The Zambian pound replaced the Rhodesia and Nyasaland pound at par. It was pegged 1:1 to sterling and was replaced by the kwacha at a rate of £1 = ZK2 or ZK1 = 10/–.
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.
In 1964, the Bank of Zambia introduced notes in denominations of 10/–, £1 and £5.
More information Image, Denomination ...
Image | Denomination | Obverse | Reverse |
---|---|---|---|
10 shillings | Chaplin's barbet | Farmers plowing with tractor and oxen | |
1 pound | Black-cheeked lovebird | Mining tower and conveyors | |
5 pounds | Wildebeest | Victoria Falls |
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- Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
- Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.
Preceded by: Rhodesia and Nyasaland pound Reason: independence Ratio: at par |
Currency of Zambia 1964 – 1968 |
Succeeded by: Zambian kwacha Ratio: 2 kwacha = 1 pound |