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In 1970, a rather hectic decade ended, which is connected with many changes in the monetary system of the world. However, events do not end there, so in 1970 there is something to remember.
This year, Bermuda is introducing a new national currency, the Bermuda dollar. His course is still pegged to the US dollar 1 to 1. The profile of Elizabeth II is minted on the obverse of the coins, and the reverse varies depending on the coins.
Also, the currency has changed in Zimbabwe. The Rhodesian pound, which used to be the main currency here, was replaced by the Rhodesian dollar. Many denominations have been issued, containing “the bird of Zimbabwe” on the obverse. The reverse contains various drawings and denomination of the coin.
Other useful facts are worth noting:
1. The release of new rupees in Indonesia. The coins were decorated with images of birds, animals, as well as other drawings.
2. Release of new coins of 250 Firces in Iraq. Coins began to be produced from nickel, the issue was discontinued after 20 years.
3. In the period from 1970 to 1979, on coins of Cambodia, contrary to the specified rules of minting in the country, the double date was not indicated.
4. In the state of Omar began the release of the same type of series. Coins issued in 1970, slightly different from all subsequent ones.
5. In 1970, the issue of piastre coins in Syria was also completed.
