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1 Penny

Issuer Reserve Bank of Malawi
Year 1967-1968
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Currency Pound (1964-1971)
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Edge Plain
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Mintage 1967 - - 6,000,000
1968 - - 3,600,000
Additional information

Malawi gained independence from Britain in 1964, but the new decimal currency system — replacing the Malawian pound with the kwacha and tambala — didn't launch until 1971. These 1967–1968 pennies belong to an awkward transitional period when the country was still operating on pre-decimal denominations under its first president, Hastings Banda, whose consolidation of one-party rule was already well underway by the time these were struck.