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The rand was introduced in the then Union of South Africa on 14 February 1961, shortly before the establishment of the Republic on 31 May 1961. 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.
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.
In 1920, Treasury gold certificate notes were issued in denominations of £1, £5, £100, £1,000 and £10,000, in Afrikaans and English script. From 1921, the South African Reserve Bank took over the issuance of paper money, introducing notes for 10/–, £1, £5, £20 and £100. £20 notes were last issued in 1933, with £10 notes added in 1943.
The British decimal twenty pence coin (often shortened to 20p in writing and speech) is a denomination of sterling coinage worth 1 ⁄ 5 of a pound. Like the 50p coin, it is an equilateral curve heptagon. [1] Its obverse has featured the profile of Queen Elizabeth II since the coin's introduction on 9 June 1982. [1]
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 1978 series began with denominations of 2, 5, 10, and 20 rand, with a 50 rand introduced in 1984. This series had only one language variant for each denomination of note. Afrikaans was the first language on the 2, 10, and 50 rand, while English was the first on the 5 and 20 rand. A coin replaced the 1 rand note.
Slang terms for money often derive from the appearance and features of banknotes or coins, their values, historical associations or the units of currency concerned. Within a language community, some of the slang terms vary in social, ethnic, economic, and geographic strata but others have become the dominant way of referring to the currency and are regarded as mainstream, acceptable language ...
The copper Half "Pence": Obverse: A dove flying with an olive branch in its beak. Reverse: ½ with inscription GRIQUA (above) TOWN (below and upside down). Average diameter: 24.86 mm. Average thickness: 1.46 mm. Average mass: 6.20 gram. Edge: Reeded almost vertically. The silver Five "Pence" Obverse: A dove flying with an olive branch in its ...