View source for South African rand

{{Infobox Currency
| currency_name_in_local = Suid-Afrikaanse Rand <small>{{in lang|af}}</small>
| iso_code = ZAR
| using_countries = {{ZAF}} ('''[[Common Monetary Area]]''' member)<br>{{LSO}} ('''[[Common Monetary Area]]''' member), alongside [[Lesotho loti]]<br>{{NAM}} ('''[[Common Monetary Area]]''' member), alongside [[Namibian dollar]]<br>{{SWZ}} ('''[[Common Monetary Area]]''' member), alongsde [[Swazi lilangeni]]
| unofficial_users = {{ZWE}}<ref>Alongside [[Zimbabwean dollar]] (suspended indefinitely from 12 April 2009), [[euro]], [[United States dollar|US dollar]]. [[Pound sterling]] and [[Botswana pula]]. The US dollar has been adopted as the official currency for all government transactions.</ref>
| pegged_with = [[Lesotho loti]], [[Swazi lilangeni]] and [[Namibian dollar]] at par
| inflation_rate = 3.6% (South Africa only)
| inflation_method = [[:en:Consumer price index|CPI]]
| inflation_source_date = [http://www.reservebank.co.za/ South African Reserve Bank], November 2010
| subunit_ratio_1 = 1/100
| subunit_name_1 = [[Cent (currency)|Cent]]
| symbol = R
| plural = rand
| symbol_subunit_1 = c
| used_coins = 10c, 20c, 50c, R 1, R 2, R 5
| coin_article = Coins of the South African rand
| used_banknotes = R 10, R 20, R 50, R 100, R 200
| issuing_authority = [[South African Reserve Bank]]
| issuing_authority_website = www.reservebank.co.za
}}
The '''rand''' ([[currency sign|sign]]: '''R'''; [[ISO 4217|code]]: '''ZAR''') is the [[South Africa]]n currency. 100 [[Cent (currency)|cents]] make up one rand. 
The rand is named after an area near [[Johannesburg]] called the Rand, which is famous for its [[gold]] mines.

The symbol for the rand is a capital R, written before the sum. Thus, one hundred rand is written as R100. The plural form is "rand" in both English and Afrikaans.
In [[February 2018]], it was announced that a new series of banknotes would be released in commemoration of what would have been Nelson Mandela's centennial year. This series would include notes of all denominations, 10-, 20-, 50-, 100- and 200-Rand. These notes would circulate alongside existing notes and be released on 18 July 2018, which was the 100th anniversary of his birth.[34] The notes depict the standard face of Nelson Mandela on the obverse, but instead of the Big Five animals on the reverse, they show a younger Mandela with different iconic scenes related to his legacy. These scenes comprise: the rolling hills of the Eastern Cape, featuring Mandela’s humble birthplace of Mvezo (10-Rand); the home of Mandela in Soweto, where he defined his political life alongside other struggle icons (20-Rand); the site where Mandela was captured near Howick, following 17 months in hiding, where a monument has been erected in his honour (50-Rand); the place of Mandela's 27-year imprisonment at Robben Island (100-Rand); the inauguration of Mandela as president at the Union Buildings in 1994 (200-Rand).

==References==
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[[Category:Currency of Africa]]
[[Category:Economy of South Africa]]