Zambian pound

120shilling (s or /–)1240penny (d)Banknotes10/–, £1, £5Coins Rarely used1d, 6d, 1/–, 2/–DemographicsUser(s)ZambiaIssuanceCentral bankBank of Zambia Websitewww.boz.zm

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.

History

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/–.

Coins

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

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

References

External links

  • iconMoney portal
  • Numismatics portal
  • flagZambia portal
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
  • v
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  • e
Currency units named pound, lira, or similar
CirculatingLocal alternative currencyDefunct
Historical antecedents (mass)
See also