British currency in the Middle East already risen in value against the pound sterling as a result of sterling's devaluation in 1967, and so the new Omani rial was not equal in value to the dinars in the nearby territories. The currency units that are used in Israel, Jordan, Iraq, Kuwait, Bahrain, Oman, and the Yemen are all descended from the pound sterling unit, while the currency units that are used in Saudi Arabia, Qatar, and the United Arab Emirates are all descended from the Maria Theresa Thaler. This largely explains the factor of ten difference in value on average between Bahrain, Kuwait and Oman on
Coins of the Rhodesian pound Coins of the Rhodesian pound The coins of the Rhodesian pound were part of the currency of Southern Rhodesia, which changed its name to Rhodesia, following the break-up of the Federation of Rhodesia and Nyasaland, when the Rhodesian pound replaced the Rhodesia and Nyasaland pound. In 1964, a series of coins was struck for the Reserve Bank of Rhodesia at the South African Mint in Pretoria. They consisted of These coins are interesting in two respects. First, Rhodesia was the first of two countries to utilise Arnold Machin's portrait of Queen Elizabeth II on pre-decimal coinage (the other country was