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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 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. [2] [3] The name is a compound of Paul Kruger, the former President of the South African Republic (depicted on the ...
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.
The rand takes its name from the Witwatersrand ("white waters' ridge" in English, rand being the Afrikaans and Dutch word for 'ridge'), the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. In English, Afrikaans and Dutch, the singular and plural forms of the unit ("rand") are the same: one rand ...
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.
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Russia's deputy U.N. ambassador said on Wednesday any decision by President-elect Donald Trump's incoming administration to cut support for Ukraine would be a "death sentence" for the Ukrainian ...
In 1936, George Brown erected a monument to commemorate the Struben brothers' contribution to the discovery of the gold-bearing conglomerates in the Witwatersrand. This monument, located at the Confidence Reef site, honors their role in the birth of Johannesburg and South Africa's gold industry. [1]
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