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Decimalisation
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===Africa=== * The [[Ethiopian birr]] decimalised in 1931 (became equal to 100 metonnyas instead of 16 ghersh). * The [[Ghanaian cedi]] decimalised in 1965. * The [[Zambian kwacha]] decimalised in 1968. * The [[Rhodesian dollar]] decimalised in 1970. * The [[Gambian dalasi]] decimalised in 1971. * The [[Malawian kwacha]] decimalised in 1971. * The [[Nigerian naira]] decimalised in 1973. ==== South Africa ==== The [[South African rand|rand]] was introduced on 14 February 1961. A Decimal Coinage Commission had been set up in 1956 to consider a move away from the denominations of pounds, shillings and pence, submitting its recommendation on 8 August 1958.<ref>Mboweni, T.T. 2001. The Reserve Bank and the Rand: some historic reflections. Speech by the Governor of the Reserve Bank 29 Nov 2001. http://www.reservebank.co.za</ref> It replaced the [[South African pound]] as legal tender, at the rate of 2 rand = 1 pound or 10 [[shilling]]s to the rand. Australia, New Zealand and [[Rhodesia]] also chose ten shillings as the base unit of their new currency.
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