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This template renders a South African currency value with a currency symbol, or optionally an ISO 4217 identifier (ZAR), linked to the South African rand article. {{ZAR|123.45}} produces R 123.45 (with a non-breaking space between the R and the value) {{ZAR}} produces R (simple currency article link)
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 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, replacing the gold half-pound and pound coins introduced in 1952.
Financial rand had the ISO 4217 currency code ZAL. Financial rand had a previous life, from January 1979 to February 1983. Financial rand had a previous life, from January 1979 to February 1983. The 1985 crisis coincided with a default (then called a "standstill") on foreign debt by the apartheid government.
African currency was originally formed from basic items, materials, animals and even people available in the locality to create a medium of exchange. This started to change from the 17th century onwards, as European colonial powers introduced their own monetary system into the countries they invaded.
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