Tag: currency South
Cape Town’s Currency – What You Need to Know!
Cape Town, the capital of South Africa, has its own currency, the Cape Town Rand. The Cape Town Rand is pegged to the South African Rand, and is only used in Cape Town. The Cape Town Rand is not legal tender outside of Cape Town, but can be exchanged for…
When Was Money First Used In South Africa? Find Out Now!
The first recorded use of money in South Africa was in the 14th century, when copper coins were used by the indigenous people. In the early 17th century, Dutch settlers began using silver coins. By the mid-18th century, British settlers were using gold coins. The first South African banknotes were…
Discover What Money Is Used In South Africa!
What Money Is Used In South Africa The South African Rand is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Zuid-Afrikaanse Rand (Dutch for "South African Rand"). The Rand is legal tender in the Common Monetary Area…
