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Thursday, September 10, 2009

South African Rand


In 1961, the South African rand was introduced to replace the pound, an act that coincided with the country’s declaration as a republic. However, it wasn’t until the 1990s that the current banknote design—sans the face of Dutch administrator and Cape Town founder Jan van Riebeeck—was introduced to post-apartheid South Africa. The color-infused denominations each feature one of the “Big Five” game—Africa’s most-difficult-to-hunt wildlife species—the lion, African elephant, Cape buffalo, leopard and black rhinoceros. Estimated Exchange Rate: 1 U.S. dollar = 8.13147 South African rand

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