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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 .
The Florin was the currency of the British colonies and protectorates of East Africa between 1920 and 1921. It was divided into 100 cents . It replaced the East African rupee at par, and was replaced in turn by the East African shilling at a rate of 2 shillings = 1 florin.
March 31, 1953 – October 1, 1957 Value in shillings written in English, Arabic, and Gujarati. Value in pounds written in English only. 10 shillings: P34 Blue-black on green and pink underprinting 20 shillings 1 pound: P35 Blue-black on yellow and orange underprinting March 31, 1953 – February 1, 1956 100 shillings 5 pounds: P36
The East African shilling was the sterling unit of account in British-controlled areas of East Africa from 1921 until 1969. [2] It was issued by the East African Currency Board . It is also the proposed name for a common currency that the East African Community plans to introduce.
HCLTech is the flagship company of the HCL Group. [64] Another HCL Group company, HCL Infosystems, was formed in 1976 to produce calculators. [ 65 ] HCL Infosystems later became one of the leading manufacturers of personal computers and laptops in India, but it eventually lost market share to foreign competitors like HP and Dell , and shut down ...
Top economist Gary Shilling predicts a ‘considerable revival’ in housing activity—but it’s going to take 3 or 4 years to unfreeze the housing market Sydney Lake March 5, 2024 at 2:07 PM
In 1951, the silver coinage switched to .500 fineness. Gold bullion £ 1 ⁄ 2 and £1 coins were issued from 1952 in the same specifications as the 1 ⁄ 2 and 1 sovereign. All the coins had the monarch on the obverse, with the titles in Latin, while the reverse had the denomination and "South Africa" written in English and Afrikaans.
The coins initially had the same size as the former South African coins. All except the 1 ⁄ 2 and 1 cent coins were in silver. The previous South African farthing coin (1 ⁄ 4 d) and half-a-crown (2 + 1 ⁄ 2 s) were not continued in decimal currency. In addition, two bullion coins with denominations of 1 rand and 2 rand were issued ...