South African Pound

South African Pound

In 1825, an imperial order-in-council made sterling coinage legal tender in all the British colonies. At that time, the only British colony in Southern Africa was the Cape of Good Hope Colony. As time went on, the British pound sterling and its associated subsidiary coinage became the currency of every British territory in Southern Africa. The pound at that time was subdivided into 20 shillings, each of 12 pence.

Read more about South African Pound:  History, Coins, Banknotes, See Also

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