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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 decimalis
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 ...
One rand was worth US$1.40 (R0.72 per dollar) from the time of its inception in 1961 until late 1971, and the U.S. dollar became stronger than South African currency for the first time on 15 March 1982. [9] Its value thereafter fluctuated as various exchange rate dispensations [clarification needed] were implemented by the South African ...
South African rand: R ZAR Cent: 100 Ethiopia: Ethiopian birr: Br ETB Santim: 100 Falkland Islands: Falkland Islands pound £ FKP Penny: 100 Sterling £ GBP Penny: 100 Faroe Islands: Danish krone: kr DKK Øre: 100 Faroese króna: kr (none) Oyra: 100 Fiji: Fijian dollar $ FJD Cent: 100 Finland: Euro € EUR Cent: 100 France: Euro € EUR Cent ...
Fixed currency Anchor currency Rate (anchor / fixed) Abkhazian apsar: Russian ruble: 0.1 Alderney pound (only coins) [1]: Pound sterling: 1 Aruban florin: U.S. dollar: 1.79
4.3 Rand as exchange rate anchor. ... Toggle Pegged exchange rate within horizontal bands subsection. 8.1 Composite exchange rate anchor. 9 Other managed arrangement.
South West African pound (1930s to 1961, replaced by South African rand) Southern Rhodesian pound (1896-1955, circulated also in Northern Rhodesia and Nyasaland; replaced by Rhodesia and Nyasaland pound) Sudanese pound (until 1992 and since January 2007) Tongan pound (1921–1966 Government of Tonga Treasury notes. 1967 replaced by the pa'anga ($))
Sterling (ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. [3] The pound is the main unit of sterling, [4] [c] and the word pound is also used to refer to the British currency generally, [7] often qualified in international contexts as the British pound or the pound sterling. [4]