Claim: In 1955, the Rhodesia and Nyasaland pound, which was issued by the Bank of Rhodesia and Nyasaland, replaced the Southern Rhodesian pound, which had been used by Southern Rhodesia, Northern Rhodesia, and Nyasaland.
Evidence: Bank of Rhodesia and Nyasaland The Federation was formed in 1953, and the new currency was created in 1955 to replace the Southern Rhodesian pound which had been circulating in all parts of the federation (Southern Rhodesia, Northern Rhodesia, and Nyasaland).