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Download as PDF; Printable version; ... ISO 4217: RWF) is the currency of Rwanda. History ... a new East African shilling, ...
Many African countries change their currency's appearance when a new government takes power (often the new head of state will appear on bank notes), though the notional value remains the same. Also, in many African currencies there have been episodes of rampant inflation, resulting in the need for currency revaluation (e.g. the Zimbabwe dollar ).
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1 shilling 23.6 mm 5.7 g Copper-nickel: Reeded Elizabeth II bust right Sable antelope 1955 1957 2 shillings 28.4 mm 11.2 g Copper-nickel: Reeded Elizabeth II bust right Eagle with talons in fish flanked by initials 1955 1957 1 ⁄ 2 crown 32.3 mm 14.2 g Copper-nickel: Reeded Elizabeth II bust right Coat of arms of Rhodesia and Nyasaland 1955 1957
10 shillings: P21 Blue-black on green and pink underprinting, back green 20 shillings 1 pound: P22 Blue-black on yellow and orange underprinting, back brown 100 shillings 5 pounds: P23 Blue-black on lilac underprinting, back red-brown 200 shillings 10 pounds: P24 Blue-black on gray-blue underprinting 1000 shillings 50 pounds: P25
Currency substitution is the use of a foreign currency in parallel to or instead of a domestic currency. [1]Currency substitution can be full or partial. Full currency substitution can occur after a major economic crisis, such as in Ecuador, El Salvador, and Zimbabwe.
The postal notes and postal orders of the other three entities were also allowed to be paid in the Orange Free State under the terms of the South African Postal Union Convention (which came into effect on 1 January 1898), but the postal notes and the postal orders had to be repatriated back to the issuing entity after being cashed.
On 17 February 1970 the Rhodesian dollar was introduced and was par to the Pound; the currency was manufactured as follows - bronze 1 ⁄ 2 and 1 cent and cupro-nickel 2 + 1 ⁄ 2 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.
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