Southern Rhodesian pound

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 £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 African 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 3d, 6d, 1/–, 2/–, and 2/6. These were followed in 1934 by holed, cupro-nickel 1⁄2d 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

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

Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
Pick, Albert (1994). Bruce, Colin R. II; Shafer, Neil (eds.). Standard Catalog of World Paper Money: General Issues (7th ed.). Krause Publications. ISBN 0-87341-207-9.
Pick, Albert (1990). Bruce, Colin R. II; Shafer, Neil (eds.). Standard Catalog of World Paper Money: Specialized Issues (6th ed.). Krause Publications. ISBN 0-87341-149-8.

External links

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