Money was first introduced into South Africa in 1782 by the Dutch Governor of the Cape of Good Hope, Baron Joachim Van Plettenberg. All “money” had to be handwritten until just after 1800 because there were no printing presses in the Cape.
Did South Africa use the British pound?
The pound (symbol £) was the currency of the Union of South Africa from the creation of the country as a British Dominion in 1910. It was replaced by the rand in 1961, the same year that South Africa became a republic. In 1825, an imperial order-in-council made sterling coinage legal tender in all the British colonies.
What flower is on the 50c coin in South Africa?
The Arum Lily (Zantedeschia Aethiopica) is a distinguished South African flower. It originally appeared on the 50c coin from 1965 to 1989, as part of South Africa’s second decimal series.
When did South Africa start using coins?
South Africa has a rich history of currency usage, formalised with the introduction of coin in the region in 1652. Since then the country has used different currencies and coins which were made from copper, silver and gold.
How is money made in South Africa?
All South African paper money is printed by the South African Bank Note Company (SABN), although the company’s managing director, Peter Gloster, points out “in theory what is produced here is stationery. It only becomes valuable when issued by the Reserve Bank.” … a R10 note probably lasts around three months.