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Rand money was introduced with the end of links to the British Empire. South Africa became a republic in 1961, and introduced its own currency at that time. The Rand is a decimal currency, unlike the Pound at that time which used historical subdivisions of 12 pennies to a shilling and 20 shillings to a Pound.

The UK Queens's head was replaced on currency with the head of Jan van Riebeeck, an otherwise undistinguished Dutch civil servant who founded the Dutch colony in the Cape of Good Hope.

More recently South African currency has the heads of the BIG FIVE game animals, sensibly making the banknotes non-political.

The Rand was initially similar in value to the ten shilling note, or two Rand to one Pound, but has since drifted to the region of twelve or thirteen Rand to one Pound.

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12y ago

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