Chalo Chatu:Today's featured article/April 10, 2018

From Chalo Chatu, Zambia online encyclopedia
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In 1964 Zambia received independence from Great Britain to become a Common Wealth Nation. The planned monetary policy was planned to be based on a decimal system but to maintain stability Sterling coinage (pence, shillings, and pounds) was used from 1964 to 1967. During that time period, coins were issued in the denominations of penny, 6 pence, shilling, 2 shillings, and 5 shillings. The 5 shillings coin (along with the penny) was only a one year issue coin and was physically the largest coin ever issued for circulation. (Full article...)