Rhodesian dollar

Rhodesian dollar
1 dollar note
User(s)	Rhodesia
Subunit
1/100	cent
Symbol	$
Coins	½, 1, 2½, 5, 10, 20, 25 cents
Banknotes	1, 2, 5, 10 dollars
Central bank	Reserve Bank of Rhodesia

The dollar (R$) was the currency of Rhodesia between 1970 and 1980. It was subdivided into 100 cents.

[edit] History

The dollar was introduced on February 17, 1970, less than a month before the declaration of the Republic of Rhodesia on March 2, 1970. It replaced the pound at a rate of 2 dollars to 1 pound. The dollar proved to be a strong currency, at parity with the Pound sterling right up to the very end of Rhodesia in 1980, when it was replaced by the Zimbabwean dollar at par. However, it should be noted that the Rhodesian dollar was never a fully convertible currency and that its exchange rate was therefore no recognition of underlying economics.

[edit] Coins

Main article: Coins of the Rhodesian dollar

In 1970, bronze ½ and 1 cent and cupro-nickel 2½ cent coins were introduced, which circulated alongside the earlier coins of the Rhodesian pound for 5, 10, 20 and 25 cents, which were also denominated in shillings and pence. New 5 cent coins were introduced in 1973, followed by 10, 20 and 25 cents in 1975. Coins were issued until 1977.

[edit] Banknotes

In 1970, the Reserve bank of Rhodesia introduced notes in denominations of 1, 2 and 10 dollars. 5 dollar notes were added in 1972.

Obverse	Reverse	Denomination
		1 dollar
		2 dollars
		5 dollars
		10 dollars

[edit] Exchange rate history

This table shows the historical value of one Rhodesian dollar.

[edit] References

[edit] External links

• Don's World Coin Gallery - Rhodesia
• Ron Wise's World Paper Money - Rhodesia ^{Mirror site}
• Tables of Modern Monetary Systems by Kurt Schuler - Zimbabwe ^{Mirror site}
• The Global History of Currencies - Zimbabwe
• Global Financial Data currency histories table ( Microsoft Excel format)
• Republic of Rhodesia Currency
• Rhodesian Currency Page, with a short description of each note.