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"). The pound sterling is the official currency of the United Kingdom (UK). ... Boer is the Afrikaans (and Dutch) word for farmer which came to denote the descendents of the Afrikaans speaking migrating farmers of the expanding eastern Cape frontier. ... Flag of Transvaal The Transvaal (lit. ...
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. The term £sd (pron. ... The old R1 and new R10 bank notes The Rand is the currency of South Africa. ...