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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 decimalised. In 1825, an imperial order-in-council made sterling coinage legal tender in all the British colonies.
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.
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10.. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are valued relative to the basic unit by a power of 10, most commonly ...
The Rhynland rood (Rijnlandse roede) was a standard Dutch measurement.It was changed in 1859 to the "Cape Foot" due to a drift in standards. 1 Rhynland foot (Rijnlandse voet) = 12 Rhynland inches (Rijnlandse duim) = 1.030 English feet.
It replaced the South African pound as legal tender, at the rate of 2 rand to 1 pound, or 10 shillings to the rand. The government introduced a mascot, Decimal Dan, "the rand-cent man" (known in Afrikaans as Daan Desimaal). [4] This was accompanied by a radio jingle to inform the public about the new currency. [5]
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 ...
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South African rand: ZAR R South Africa: South Sudanese pound: SSP £ South Sudan: Sudanese pound: SDG LS or ج.س Sudan: Swazi lilangeni: SZL L (singular) E (plural) Eswatini: Tanzanian shilling: TZS TSh Tanzania: Tunisian dinar: TND DT (Latin) د.ت (Tunisian Arabic) Tunisia: Ugandan shilling: UGX USh Uganda: Zambian kwacha: ZMW K Zambia