South African rand in the context of "Cent (currency)"

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⭐ Core Definition: South African rand

The South African rand, or simply the rand, (sign: R; code: ZAR) is the official currency of South Africa. It is subdivided into 100 cents (sign: "c"), and a comma separates the rand and cents.

The South African rand is legal tender in the Common Monetary Area member states of Namibia, Lesotho, and Eswatini, with these three countries also having national currencies (the dollar, the loti, and the lilangeni respectively) pegged with the rand at parity and still widely accepted as substitutes. The rand was also legal tender in Botswana until 1976, when the pula replaced the rand at par.

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South African rand in the context of Monetary union

A currency union (also known as monetary union) is an intergovernmental agreement that involves two or more states sharing the same currency. These states may not necessarily have any further integration (such as an economic and monetary union, which would have, in addition, a customs union and a single market).

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South African rand in the context of Currency substitution

Currency substitution is the use of a foreign currency in parallel to or instead of a domestic currency.

Currency substitution can be full or partial. Full currency substitution can occur after a major economic crisis, such as in Ecuador. Some small economies, for whom it is impractical to maintain an independent currency, use the currencies of their larger neighbours; for example, Liechtenstein uses the Swiss franc.

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South African rand in the context of JSE Limited

The JSE Limited (previously the JSE Securities Exchange and the Johannesburg Stock Exchange) is a stock exchange in South Africa, and the largest in Africa by market capitalization. It has been located in Sandton, Gauteng, since it moved from Johannesburg CBD in 2000.

As of July 2025, the JSE had a market capitalization of R21 trillion (€1.05 trillion/£911 billion/$1.23 trillion), and a total of 435 listed companies. In the same month, the FTSE/JSE All-Share Index (ALSI) hit 100,000 points - the highest since its foundation.

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South African rand in the context of Bi-metallic coin

Bi-metallic coins are coins consisting of two (bi-) metals or alloys, generally arranged with an outer ring around a contrasting center. The bi-metal form is typically used to protect against counterfeiting.

Common circulating examples include the European €1 and €2, United Kingdom £1 and £2, Canadian $2, South Africa R5, Egyptian £1, Turkish 1 lira and 50 kurus, Indian ₹10 and ₹20, Indonesian Rp1,000, Polish 2 and 5 zł, Czech 50 Kč, Hungarian 100 and 200 Ft, Bulgarian 1 and 2 lv., Hong Kong $10, Argentine $1 and $2, Brazilian R$1, Chilean $100 and $500, Colombian $500 and $1000, Peruvian S/2 and S/5, Albanian 100 Lekë, Thai 10 baht and all Mexican coins of $1 or higher denomination. For a more complete list, see List of bi-metallic coins.

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South African rand in the context of Krugerrand

The Krugerrand (/ˈkrɡərænd/; Afrikaans: [ˈkry.ərˌrant]) is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint. The name is a compound of Paul Kruger, the former President of the South African Republic (depicted on the obverse), and rand, the South African unit of currency. On the reverse side of the Krugerrand is a pronking springbok, South Africa's national animal.

By 1980, the Krugerrand accounted for more than 90% of the global gold coin market and was the number one choice for investors buying gold. However, during the 1980s and 1990s, Krugerrands fell out of favor as some Western countries forbade import of the Krugerrand because of its association with the apartheid government of South Africa.

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South African rand in the context of 2022 South African census

The South African National Census of 2022 is the 4th comprehensive census performed by Statistics South Africa (Stats SA). The census results were released on 10 October 2023 and recorded a total of 62 million people in the country. Collection issues and delays, partially due to the COVID-19 pandemic, resulted in uncertainty about the accuracy of the findings and increased costs of its implementation. The Census cost R4 billion to implement, roughly double the amount as the 2011 census.

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South African rand in the context of Big Five game

In Africa, the Big Five game animals are the lion, leopard, rhinoceros, elephant, and African buffalo. The term was coined by big-game hunters to refer to the five most difficult animals in Africa to hunt on foot, but is now more widely used by game viewing tourists and safari tour operators. They are examples of charismatic megafauna, featuring prominently in popular culture, and are among the most famous of Africa's large animals.

The 1990 and later releases of South African rand banknotes feature a different big-five animal on each denomination. Countries where all can be found include Angola, Botswana, Chad, the Democratic Republic of the Congo, Ethiopia, Eswatini, Kenya, Malawi, Mozambique, Namibia, Nigeria, Rwanda, South Africa, Tanzania, Uganda, Zambia and Zimbabwe.

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