Fijian Dollar in South African Rand

FJD Fijian Dollar

Country of application:
Fiji

Coin denominations in circulation:
5, 10, 20, 50 cents, 1, 2 dollars.

Denominations of banknotes in circulation:
5, 10, 20, 50, 100 dollars.

History reference:
The Fijian dollar (FJD) is the national currency of the Republic of Fiji, an archipelago state with over 300 islands. FJD was first introduced in 1867, but its latest iteration has been around since ...1969. The modern version of the FJD was introduced in 1969, replacing the Fijian pound at a rate of 2 FJD per Fijian pound. Since then, however, the value of the FJD has been allowed to fluctuate freely in the international currency markets. Between October 2015 and October 2020, the value of FJD against the US dollar remained relatively stable at approximately $0.47 per FJD.

ZAR South African Rand

Country of application:
Namibia, South Africa

Coin denominations in circulation:
5, 2, 1 rand, 50, 20, 10, 5 cents.

Denominations of banknotes in circulation:
200, 100, 50, 20 and 10 rand.

History reference:
The name rand (rand) comes from the name of the mountain range, the name of which sounds like the Witwatersrand (in one of the official languages of South Africa, Afrikaans Witwatersrand). This mount...ain range is located in the South African province of Gauteng, which is famous for the largest gold deposits in the country. The South African rand was first introduced into circulation in February 1961, shortly before the founding of the Republic of South Africa. The rand replaced the South African pound at a rate of 2 rand to 1 pound. Up until the early 1970s, the rand was worth about 1.5 rand to the US dollar. However, in the following decades, the rand quickly depreciated, and at the turn of the 21st century and during the Great Recession, it changed significantly. As the political landscape changed in the early 1990s, the rand slowly depreciated to record lows due to uncertainty. The fall was exacerbated when land reform began in 2001. Shortly after the 9/11 attacks, global uncertainty took its toll and the rand plummeted again to 13 rand per US dollar.