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In 1923, South Africa began to issue its own coins, adopting coins that were identical in size and value to those used in Great Britain: 12 pence (12d) = 1 shilling (1s), and 20s = 1 pound (£1). On 14 February 1961, the Union of South Africa adopted a decimal currency , replacing the pound with the Rand .
Denominations included 1 ⁄ 2, 1, 2, 5, 10, 20 and 50 cents. Silver was replaced in coins by nickel. Initially the coinage bore the portrait of Van Riebeeck, and later the State Presidents of South Africa (except F.W. de Klerk) or the South African coat of arms. The country name was given in Afrikaans, English or both.
A new 23 mm cannon was needed for the defensive turrets of this bomber, which was supposed to be more compact and faster firing than the NR-23. The designers Nikolay M. Afanasev and Nikolay F. Makarov from the TsKB-14 design bureau scaled-up the A-12.7 12.7 mm machine gun to create a 23 mm aircraft cannon.
[12] In 2014, South Africa experienced its worst year against the US dollar since 2009, [13] and in March 2015, the rand traded at its worst since 2002. [13] At the time, Trading Economics released data that the rand "averaged R4.97 to the dollar between 1972–2015, reaching an all time high of R12.45 in December 2001 and a record low of R0.67 ...
The South African Reserve Bank restricts the exportation of Krugerrands by a South African resident to a non-resident to a maximum of R30,000 (about US$2,100 or €1,870 as of June 2018). Visitors to South Africa can export up to 15 coins by declaring the items to the South African Revenue Service. [21]
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. In 1825, an imperial order-in-council made sterling coinage legal tender in all the British colonies.
The G6 Rhino also known as "GV6 Renoster" is a South African 155 mm long-range mine-resistant wheeled self-propelled howitzer and is the largest piece of artillery system in the South African Army arsenal; the army originally had 153 in service, but due to the lack of external threats and the end of the Cold War, the government sold 110 units ...
The Ora (pronounced; symbol: ะค) [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 ]