The <a class="mw-redirect" href="https://en.wikipedia.org/wiki/Republic_of_Zimbabwe" id="mwAQI" rel="mw:WikiLink" title="Republic of Zimbabwe">Republic of Zimbabwe</a> (formerly <a href="https://en.wikipedia.org/wiki/Rhodesia" id="mwAQM" rel="mw:WikiLink" title="Rhodesia">Rhodesia</a>) comes into being, with <a href="https://en.wikipedia.org/wiki/Canaan_Banana" id="mwAQQ" rel="mw:WikiLink" title="Canaan Banana">Canaan Banana</a> as the country's first President. The <a href="https://en.wikipedia.org/wiki/Zimbabwean_dollar" id="mwAQU" rel="mw:WikiLink" title="Zimbabwean dollar">Zimbabwean dollar</a> replaces the <a href="https://en.wikipedia.org/wiki/Rhodesian_dollar" id="mwAQY" rel="mw:WikiLink" title="Rhodesian dollar">Rhodesian dollar</a> as the official currency.