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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.
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.
It replaced the South African pound as legal tender, at the rate of 2 rand to 1 pound, or 10 shillings to the rand. The government introduced a mascot, Decimal Dan, "the rand-cent man" (known in Afrikaans as Daan Desimaal). [4] This was accompanied by a radio jingle to inform the public about the new currency. [5]
In addition, two bullion coins with denominations of 1 rand and 2 rand were issued, replacing the gold half-pound and pound coins introduced in 1952. Both the pound and the rand gold coins matched the specifications of the British half-sovereign and sovereign (minted, among others, at the Pretoria branch mint until 1932), including the gold ...
In the always-competitive car-buying market, the sticker price — the advertised cost of the car — is just one way to measure the value of a potential purchase.
South African rand: ZAR R South Africa: South Sudanese pound: SSP £ South Sudan: Sudanese pound: SDG LS or ج.س Sudan: Swazi lilangeni: SZL L (singular) E (plural) Eswatini: Tanzanian shilling: TZS TSh Tanzania: Tunisian dinar: TND DT (Latin) د.ت (Tunisian Arabic) Tunisia: Ugandan shilling: UGX USh Uganda: Zambian kwacha: ZMW K Zambia
Move over, Wordle, Connections and Mini Crossword—there's a new NYT word game in town! The New York Times' recent game, "Strands," is becoming more and more popular as another daily activity ...
Swimming off the coast of Mexico in the Gulf of California live the few remaining vaquitas on earth. This endangered cetacean is not only the smallest porpoise species, but the most rare. Where ...