Macau Pataca in South African Rand

MOP Macau Pataca

Country of application:
Macau

Coin denominations in circulation:
10, 20, 50 avo, 1, 2, 5, 10 patak.

Denominations of banknotes in circulation:
0, 20, 50, 100, 500 and 1000 patacas.

History reference:
Pataca is the national currency of Macau (Aomyn or Macau) - a special administrative region of the Peoples Republic of China. Pataca was introduced in Portuguese Macau and Portuguese Timor in 1894, b...ut only as a unit of account. The unit originally corresponded to the Spanish dollar, also known as the Mexican peso or the Philippine peso, and replaced the Portuguese real at the rate of 1 pataca = 450 riza. The name Pataca stems from the fact that the Portuguese always referred to the Spanish dollar as the Pataca mexicana, since as part of the Spanish colonial empire they were formerly usually minted in Mexico after which they rolled up the Philippines as part of the Spanish East Indies through the Manila-galeon trade. Acapulco, to be sold and distributed through the Far East.

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.