history of currency in South Africa
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history of currency in South Africa by Ella Margaret Shaw

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Published by South African Museum in Cape Town .
Written in English



  • South Africa


  • Money -- South Africa -- History.

Book details:

Edition Notes

Statementby E. M. Shaw.
SeriesSouth African Museum. Guide no. 5
LC ClassificationsHG1350.S7 S5
The Physical Object
Pagination27 p.
Number of Pages27
ID Numbers
Open LibraryOL5111788M
LC Control Number74184368

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  The rand (sign: R; code: ZAR) is the official currency of South is subdivided into cents (sign: "c").. The rand is legal tender in the Common Monetary Area between South Africa, Eswatini, Lesotho and Namibia, although the last three countries do have their own currencies pegged at par with the , the rand was legal tender in Botswana.   The rand was established as the official South African currency on 14 February in the Union of South Africa 3 months before South Africa became a .   South Africa’s first indigenous currency was created about 50 years later. In the s roug boers, people of Dutch descent, departed from the Cape Colony to escape British control.   South Africa’s currency is called the rand and older South Africa’s banknotes display the “big five” animals in South Africa – the rhinoceros, elephant, lion, buffalo and leopard. The rand has the symbol ‘R’ and banknotes are issued in R10, R20, R50, R and R denominations.

In Africa there is Bitcoin Hub, a South African news site, while Bitcoin Africa covers the whole of Africa. For international news and views check out New York based Coindesk which claims to reach over 5 million unique visitors and Cointelegraph, a US online news site . Discover the best African History in Best Sellers. Find the top most popular items in Amazon Books Best Sellers. The rand is the currency of legal tender in South Africa since , year when it replaced the South African pound. It is divided into cents. Origins and history. The rand was introduced in South Africa in , when the country became a Republic. From that moment on, and until , the South African currency had a value higher than the. Genre/Form: History: Additional Physical Format: Online version: Shaw, Ella Margaret. History of currency in South Africa. Cape Town, South African Museum,

  The reddish-brown Kalahari Desert with its northwest-southeast-trending sand dunes and dry lakebeds stands out in this image of South Africa. Also distinguishable are the westward-flowing Orange River, south of the true desert; the cape ranges of folded mountains near the extreme southern point of South Africa; as well as Cape Town, the Cape of Good Hope, and Cape Agulhas. Sadly, despite the fact that many of the earlier South African tokens were issued in times of acute shortage of official coinage, there seems to be little effort in literature, or research by numismatists, to record or recognise the important role that tokens played in the evolution of this colonial outpost. The s was a turbulent period in the history of South Africa. It opened with parliament's bitterly contested decision to enter the war; was rocked by political turmoil; and ended with a bang, as well as a whimper, as the National party captured political power in South African Currency. Banknotes; Coin; Currency Management. Policy on the reproduction of images of South African Currency; SARB Currency Mobile App ; Markets. Foreign Reserves. Evolution of Reserves Management; Governance; Investment Policy; Investment Process; External Fund Management; Management of Gold Reserves; Risk Management; Gold.