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Southern Rhodesian pound

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Southern Rhodesian pound
10/– banknote from 1945
Unit
Unitpound
Pluralpounds
Symbol£
Denominations
Subunit
120shilling
1240penny
Plural
pennypence
Symbol
shillings or /–
pennyd
Banknotes5/–, 10/–, £1, £5, £10
Coins12d, 1d, 3d, 6d, 1/–, 2/–, 2/6
Demographics
User(s)Southern Rhodesia
Issuance
Central bank
  • Southern Rhodesia Currency Board (before 1955)
  • Central Africa Currency Board (after 1955)
Valuation
Pegged withsterling at par
This infobox shows the latest status before this currency was rendered obsolete.

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

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From 1896, private banks issued notes denominated in £sd equal to sterling. 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

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In 1932, .925 fineness silver coins were introduced in denominations of 3d, 6d, 1/–, 2/–, and 2/6. These were followed in 1934 by holed, cupro-nickel 12d and 1d 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. In 1953 a 5/– coin of .500 fineness (.45 ounce actual silver weight) was minted to commemorate the centennial of the birth of Cecil Rhodes. 124,000 were produced for circulation, plus 1500 minted as Proof coinage.

Banknotes

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In 1896, the Salisbury branch of the Standard Bank of South Africa introduced the first Southern Rhodesian banknotes, in denominations of £1 and £5. This bank later issued 10/– 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/–, £1 and £5 notes, followed by 5/– notes between 1943 and 1948 and £10 in 1953. In 1955, the Central Africa Currency Board issued notes in denominations of 10/–, £1, £5 and £10.

Banknotes of the Southern Rhodesian Pound 1939 - 1952
Pick
No.
Image Value Dimensions Main colour Description Date of
Obverse Reverse Obverse Reverse Watermark printing issue withdrawal
8a 5/– Brown King George VI 5/- None 1943 - 1945 1 January 1943
8b 5/– 115 × 69 mm Brown King George VI 5/- None 1945 - 1952 1 February 1945
9 10/– Brown Eastern Highlands and King George VI Victoria Falls Cecil John Rhodes 1939 - 1952 15 December 1939
10 £1 Green King George VI Great Zimbabwe Cecil John Rhodes 1939 - 1952 15 December 1939
11 £5 Blue Mining and King George VI Victoria Falls Cecil John Rhodes 1939 - 1952 15 December 1939
Banknotes of the Southern Rhodesian Pound 1952 - 1956
Pick
No.
Image Value Dimensions Main colour Description Date of
Obverse Reverse Obverse Reverse Watermark printing issue withdrawal
12 10/– 132 × 75 mm Brown Eastern Highlands and Queen Elizabeth II Victoria Falls Cecil John Rhodes 1952 - 1956 1 December 1952
13 £1 148 × 82 mm Green Queen Elizabeth II Great Zimbabwe Cecil John Rhodes 1952 - 1956 1 December 1952
14 £5 160 × 88 mm Blue Mining and Queen Elizabeth II Victoria Falls Cecil John Rhodes 1953 - 1956 1 January 1953
15 £10 168 × 94 mm Orange Lion and Queen Elizabeth II Elephants Cecil John Rhodes 1953 - 1956 15 April 1953

References

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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.
  • Pick, Albert (1990). Standard Catalog of World Paper Money: Specialized Issues. Colin R. Bruce II and Neil Shafer (editors) (6th ed.). Krause Publications. ISBN 0-87341-149-8.
[edit]
Preceded by:
British pound
Reason: creation of local currency
Ratio: at par
Currency of Southern Rhodesia
1940 – 1953
Currency of Rhodesia and Nyasaland
1953 – 1956
Succeeded by:
Rhodesia and Nyasaland pound
Location: Rhodesia and Nyasaland
Reason: formation of federation
Ratio: at par
Circulates in Northern Rhodesia
1940 – 1953
Circulates in Nyasaland
1940 – 1953