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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 Riebeeck on the obverse. [1] The initial circulation coins of the Republic were the following: [2] 1 ⁄ 2 cent (approximately replaced 1 ⁄ 2 d)
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. [ 1 ]
The ZiG is notionally divided into 100 cents, which were first used by the Zimbabwe Stock Exchange before the currency had an ISO code. Cents were officially recognized by the Reserve Bank of Zimbabwe when a currency code for the Zimbabwe Gold was introduced in June 2024. [9] However, the smallest coin is a 1 ZiG. [10]
Coins of the South African rand; Bronze plated steel; Nickel-plated bronze; Sterling silver (925Ag), e.g. EWT Medallions / Sterling Silver Crown; 22 ct Gold; 24 ct Gold (999.9Au) [5] Zimbabwean Bond Coins - 2014, 2016, 2017, and 2018. South Sudanese pound coins denominated in 10, 20 and 50 Piasters, 1 Pound and 2 Pounds - 2015 only.
In 1920, Treasury gold certificate notes were issued in denominations of £1, £5, £100, £1,000 and £10,000, in Afrikaans and English script. From 1921, the South African Reserve Bank took over the issuance of paper money, introducing notes for 10/–, £1, £5, £20 and £100. £20 notes were last issued in 1933, with £10 notes added in 1943.
Costco has found a new hit with online shoppers — gold.. The retail warehousing giant sold more than $100 million of the precious metal in its first quarter, which ended Nov. 26, Costco CFO ...
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In 1974, coins for 1, 2, 5, 10, 20 and 50 cents and 1 lilangeni were introduced, with the 1 and 2 cents struck in bronze and the others struck in cupro-nickel. Except for the 1 lilangeni, the coins were not round, with the 1 and 50 cents dodecagonal, the 2 cents square with rounded corners and the 5, 10 and 20 cents scalloped.
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