South African Rand
The rand (sign: R; code: ZAR) is the currency of South Africa. It takes its name from the Witwatersrand (White-waters-ridge in English), the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. The rand has the symbol "R" and is subdivided into 100 cents, symbol "c". The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse rand. (South African rand). Before 1961, the Dutch language was one of the official languages of South Africa.
The rand is the currency of the Common Monetary Area between South Africa, Swaziland and Lesotho. Although Namibia withdrew from the Common Monetary Area, the rand is still legal tender there.
Read more about South African Rand: History, Coins, Banknotes
Famous quotes containing the words south, african and/or rand:
“...I always said if I lived to get grown and had a chance, I was going to try to get something for my mother and I was going to do something for the black man of the South if it would cost my life; I was determined to see that things were changed.”
—Fannie Lou Hamer (1917–1977)
“The African race evidently are made to excel in that department which lies between the sensuousness and the intellectual—what we call the elegant arts. These require rich and abundant animal nature, such as they possess; and if ever they become highly civilised, they will excel in music, dancing and elocution.”
—Harriet Beecher Stowe (1811–1896)
“Hard times accounted in large part for the fact that the exposition was a financial disappointment in its first year, but Sally Rand and her fan dancers accomplished what applied science had failed to do, and the exposition closed in 1934 with a net profit, which was donated to participating cultural institutions, excluding Sally Rand.”
—For the State of Illinois, U.S. public relief program (1935-1943)