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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 1 ⁄ 2 cent coin was last struck for circulation in 1973. The 1 rand coin for circulation was introduced in 1967, followed by 2 rand coins in 1989 and 5 rand coins in 1994. Production of the 1 and 2-cent coins was discontinued in 2002, followed by 5-cent coins in 2012, primarily due to inflation having devalued them, but they remain legal ...
The Krugerrand (/ ˈ k r uː ɡ ə r æ n d /; [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.
Coins of the South African rand; Bronze plated steel; Nickel-plated bronzes; Sterling silver (925Ag), e.g. EWT Medallions / Sterling Silver Crown; 22 ct Gold; 24 ct Gold (999.9Au) [5] Zimbabwean Bond Coins; South Sudanese pound coins denominated in 10, 20 and 50 piasters; Zambian kwacha coins denominated in 5,10,50 ngwee and 1 Kwacha
(The £ 1 ⁄ 2 and £1 were gold coins known as the half sovereign and sovereign respectively.) The coins were the same weights as the corresponding sterling coins but the silver coins (3d up to 2/6) were struck in .800 fineness silver. Gold coins were struck until 1932. In 1947, 5/– coins were introduced, with occasional commemorative variants.
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 .
A one-cent coin or one-cent piece is a small-value coin minted for various decimal currencies using the cent as their hundredth subdivision. Examples include: the United States one-cent coin, better known as the US penny; the Canadian one-cent piece, better known as the Canadian penny; the Australian one-cent coin; the New Zealand one-cent coin
These included shells, [1] ingots, gold (gold dust and gold coins (the Asante)), arrowheads, iron, salt, cattle, goats, blankets, axes, beads, and many others. In the early 19th century a slave could be bought in West Africa with manilla currency ; multiples of X-shaped rings of bronze or other metal that could be strung on a staff.
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