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The South African rand, or simply the rand, ( sign: R; code: ZAR[ a]) is the official currency of South Africa. It is subdivided into 100 cents (sign: "c"), and a comma separates the rand and cents.
African currency was originally formed from basic items, materials, animals and even people available in the locality to create a medium of exchange. This started to change from the 17th century onwards, as European colonial powers introduced their own monetary system into the countries they invaded.
South African pound. This infobox shows the latest status before this currency was rendered obsolete. The pound ( Afrikaans: pond; symbol £, £SA[ 1] for distinction) was the currency of the Union of South Africa from the formation of the country as a British Dominion in 1910. It was replaced by the rand in 1961 when South Africa decimalised.
The Ora (symbol:Φ, [ˈʊəra]) [ 1] is the local currency of Orania, an Afrikaner town in South Africa first issued in April 2004. It is pegged at par with the South African rand. [ 1] The name, recalling that of the town where it circulates, derives from Latin aurum, meaning "gold". [ 2]
The legend is inscribed with "KRUGERRAND" and the gold weight. The Krugerrand ( / ˈkruːɡərænd /; [ 1] Afrikaans: [ˈkry.ərˌrant]) is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint. [ 2][ 3] The name is a compound of Paul Kruger, the former ...
The rand was introduced in the then Union of South Africa on 14 February 1961, shortly before the establishment of the Republic on 31 May 1961. The rand replaced the pound with a decimal currency: 100 cents (100c) = 1 rand (R1), 1 rand being valued at 10 shillings and 1 cent at 1.2 pence. The coins bore the forward-facing portrait of Jan van ...
Currency coins of the Central African CFA franc. The Central African CFA franc ( French: franc CFA or simply franc; ISO code: XAF; abbreviation: F.CFA) is the currency of six independent states in Central Africa: Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea and Gabon. These six countries had a combined ...
The coins of the South African pound were part of the physical form of South Africa's historical currency, the South African pound. Prior to the Union of 1910, various authorities issued their own pounds, some as independent entities. After the Union but before 1923, coins in circulation were mostly British, but the coins of Paul Kruger 's ...