South African rand
Rs
The South African rand, or simply the rand, (sign: R; code: ZAR) is the official currency of the Southern African Common Monetary Area: South Africa, Namibia (alongside the Namibian dollar), Lesotho (alongside the Lesotho loti) and Eswatini (alongside the Swazi lilangeni). It is subdivided into 100 cents (sign: "c").The South African rand is legal tender in the Common Monetary Area member states of Namibia, Lesotho and Eswatini, with these three countries also having their own national currency (the dollar, the loti and the lilangeni respectively) pegged with the rand at parity and still widely accepted as substitutes. The rand was also legal tender in Botswana until 1976, when the pula replaced the rand at par.
The rand takes its name from the Witwatersrand ("white waters' ridge" in English, rand being the Dutch and Afrikaans word for 'ridge'), the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. In English and Afrikaans the singular and plural form of the unit ("rand") is the same: one rand, ten rand, two million rand.
Country
-
Lesotho
It was previously the British Crown colony of Basutoland, which was given independence by the United Kingdom on 4 October 1966. It is a fully sovereign state and is a member of the United Nations, the Commonwealth of Nations, the African Union, and the Southern African Development Community. The name Lesotho roughly translates to "land of the Sotho". -
Namibia
The driest country in sub-Saharan Africa, Namibia has been inhabited since pre-historic times by the San, Damara and Nama people. Around the 14th century, immigrating Bantu peoples arrived as part of the Bantu expansion. Since then, the Bantu groups, the largest being the Ovambo, have dominated the population of the country; since the late 19th century, they have constituted a majority. Today Namibia is one of the least densely populated countries in the world. -
South Africa
About 80% of the population are Black South Africans. The remaining population consists of Africa's largest communities of European (White South Africans), Asian (Indian South Africans and Chinese South Africans), and multiracial (Coloured South Africans) ancestry. South Africa is a multiethnic society encompassing a wide variety of cultures, languages, and religions. Its pluralistic makeup is reflected in the constitution's recognition of 11 official languages, the fourth-highest number in the world. According to the 2011 census, the two most spoken first languages are Zulu (22.7%) and Xhosa (16.0%). The two next ones are of European origin: Afrikaans (13.5%) developed from Dutch and serves as the first language of most Coloured and White South Africans; English (9.6%) reflects the legacy of British colonialism and is commonly used in public and commercial life.