South African Currency
What money does South Africa use?
The currency of South Africa is the Rand (sign: R, code: ZAR). It takes its name from the "Witwatersrand", the ridge upon which Johannesburg is built, and where most of South Africa's gold deposits were found.
The South African Rand is divided into 100 cents, symbol "c".
In November 2012, the South African Reserve Bank introduced a new set of banknotes, which personifies South Africa's pride as a nation, and also pays tribute to a much-loved global icon, Nelson Rolihlahla Mandela (Madiba). Both sets are shown below.
South African Notes and Coins
The South African currency features banknotes in denominations of R200.00, R100.00, R50.00, R20.00, and R10.00. The Big Five are featured prominenty on the banknotes.
South African coins come in denominations of 5c, 10c, 20c, 50c, R1, R2, and R5.