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S.Africa
The South African Rand (RAND), by
South African Reserve Bank
It was issued in February 1961, replacing the South African pound. The latest version was released in 2014, with the largest denominations of 200 rand and the smallest 10 rand.
- Chinese name
- South African rand
- Foreign name
- South African Rand
- glyphsign
- ZAR
- Issuing institution
- South African Reserve Bank
- Issue time
- February 14, 1961
- Circulation area
- Republic of South Africa, Zimbabwe, Namibia
- Sink rate
- 1 RMB =2.5936 South African Rand
South Africa, formerly a British self-governing territory, uses the South African pound, first adopted on 18 December 1946
Gold content
Is 3.58134 grams, with
Pound sterling
equivalent
. On September 18, 1949, the South African pound was devalued by 30.5% along with the British pound, reducing its gold content to 2.48828 grams.
Official exchange rate
The South African pound fell to $2.80 from $4.03.
It took place in South Africa on 14 February 1961
Monetary reform
A new currency, the South African rand, was issued to replace the South African pound at a 2:1 ratio
The gold content of money
At 1.24414 grams, the official exchange rate is 1.4 to the rand
U.S. dollar
One rand is worth half a pound. On 18 November 1967, the pound was devalued by 14.3% and the rand remained unchanged, changing the exchange rate to R1.71428 to the pound. On August 23, 1971, the rand was de-pegged from the pound and pegged to the dollar, devaluing the rand but maintaining an exchange rate of 1.4 to the dollar. On December 21 of the same year, by
Depreciation of the dollar
The gold content of the rand was reduced by 12.28%, and the official exchange rate of the South African rand after depreciation was 1 rand to 1.33 US dollars. At the same time, the rand is no longer pegged to the dollar and is back pegged to the pound at 1.954285. On 24 October 1972, the rand was devalued and re-pegged to the US dollar, reducing its gold content by 4.2% to a new official rate of 1.22732. In February 1973, when the dollar was devalued, South Africa declared the gold content of the rand unchanged, and the official exchange rate was changed to 1 rand to $1.4193. On June 5, 1973, the rand's gold content increased by 4.98% to $1.49.
On 27 June 1975, the South African authorities implemented
Fixed exchange rate system
The rand lost 6.04 percent of its value to $1.4. On September 22, the rand depreciated again by 7.85% to $1.15.
It was adopted by South Africa on 24 January 1979
Dual exchange rate system
The fixed official exchange rate is 1 rand to $1.15, based on which a floating commercial exchange rate applies to foreign trade, the official said
Capital transfer
and
Current account
Pay.
It was abolished by the South African authorities on 7 February 1983
Dual exchange rate
The rand depreciated again. On 2 September 1985, South Africa re-established a dual exchange rate system.
South Africa's 2005 rand is an updated version of the original banknote.
Animal theme
The theme of economic development on the back of the banknote is unchanged, the size of the banknote is unchanged), only some new anti-counterfeiting measures have been added. The purpose of this is twofold: first, to maintain popular support for the South African rand
Recognition ability
. The fixed format allows the South African rand to be imprinted in the minds of the public, reducing the recognition pressure brought by changing the edition; The second is to save money
Design cost
. Mainly to save the design cost, the printing cost of the new rand is not low, and many new anti-counterfeiting measures have to be purchased from abroad.
2. The South African rand reflects South Africa's democratic political efforts and highlights equality as a fundamental element of democracy. The diamond pattern on the bottom of the 2005 South African rand banknote is mainly used for blind people to recognize the banknote, highlighting the concept of "people-oriented".
3. The surface of the new South African rand has a layer of bright ink, which will be more obvious when observed with a small electric hand. Bright ink is mainly to enhance the service life of banknotes.
4.100, 200 new rand watermark area has a large area of colorless ink, can be used
Purple lamp
When observed, the patterns observed are multi-colour combinations and denomination numbers.
5. According to the official explanation, the 200 rand discoloration figure at the bottom right (
Photovarying ink
) will go from
imported wines and liquors
Red to green back and forth. The numbers of 50 and 100 rand change back and forth from green to gold. 10, 20 Rand did not use color-changing numbers.
6. The old South African rand is still the same
Legal tender
(Are remain legal tender). The South African Reserve Bank has not set a deadline for the withdrawal of the old coins.
The signature of the new South African rand in July 05 is the same as that of 1999. Still the governor of the South African Reserve Bank, T. Mboweni.
8. According to the official explanation, the back of the banknote has a theme of economic development. They are: R10 (agriculture), R20 (agriculture)
Mining industry
R50 (processing and refining), R100 (tourism), R200 (transport and communications).
9. The South African Reserve Bank has no plans to issue R500, but that does not mean it will not in the future. Previous online DIY 500 rand picture,
Master map
Zebra, because the back of 100 rand has been used zebra pattern, if it is used again, it will make the theme of the banknote become repetitive, I think it is used
Giraffe
perhaps
hippopotamus
It's better than the zebra.
International financial crisis
The impact on South Africa is not small, and I believe South Africa will take advantage of it
World Cup
This economic development opportunity has enabled the economy to show a trend of recovery.
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Face value
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The right side
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Reverse side
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R10
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20 rand
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R50
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100 rand
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R200
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Face value
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The right side
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Reverse side
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R10
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20 rand
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R50
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100 rand
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R200
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Commemorative theme
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The right side
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Reverse side
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The centenary of Mandela's birth
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The centenary of Mandela's birth
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The centenary of Mandela's birth
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The centenary of Mandela's birth
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The centenary of Mandela's birth
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Face value
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The right side
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Reverse side
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1 point
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Two points
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5 points
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Ten points
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20 points
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Fifty cents
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1 rand
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2 rand
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R5
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There are 10, 20, 50, 100 and 200 rand notes in circulation
The coins were 1, 2, 5, 10, 20, 50 cents and 1, 2, 5 rand
One rand equals 100 Cents.
As of June 21, 2016:
$1 = 14.7278 South African rand
1 euro = 16.6295 South African rand
1 pound =21.6602 South African rand
100 yen = 14.1 South African rand
1 Australian dollar =11.0223 South African Rand
100 won =1.28 South African rand
1 Hong Kong dollar =1.8982 South African Rand
