Malawian pound

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The pound was the currency of Malawi until 1971. From 1932, Malaŵi (then Nyasaland) used the Southern Rhodesian pound. In 1955, a new currency was introduced, the Rhodesia and Nyasaland pound. This was replaced by the Malaŵian pound in 1964, following Malaŵi's independence. The pound was replaced by the kwacha in 1971, at a rate of 2 kwacha = 1 pound.

[edit] References

• Tables of Modern Monetary History: Malawi
• Global Financial Data currency histories table

Preceded by: Rhodesia and Nyasaland pound Reason: independence Ratio: at par

Currency of Malaŵi 1964 – 1971

Succeeded by: Malawian kwacha Ratio: 2 kwacha = 1 pound