Zambian pound
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Article ImagesThe 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.
£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 |
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.
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 |
- 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.