South African pound
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The pound was the currency of South Africa between 1825 and 1961.
The pound sterling became the standard currency of South Africa in 1825 and British coins and banknotes circulated. Between 1892 and 1900, the "Republic of South Africa", a Boer state in Transvaal, issued its own currency equivalent to sterling, including gold coins inscribed "Een Pond" ("One Pound").
In 1921, South Africa began to issue its own currency, denominated in £sd. The South African pound remained equal to the pound sterling throughout its existence. It was replaced in 1961 by the rand, at a rate of 1 pound = 2 rand.
Preceded by: British pound |
South African currency 1921-1961 |
Succeeded by: South African rand |