Russian Ruble in South African Rand

RUB Russian Ruble

Country of application:
Russia

Coin denominations in circulation:
1, 2, 5, 10 rubles.

Denominations of banknotes in circulation:
50, 100, 200, 500, 1000, 2000, 5000 rubles.

History reference:
The Russian ruble is the monetary unit of the Russian Federation. In the current territory of Russia, the ruble has been used as a means of payment since the thirteenth century. There was an opinion ...that the expression "ruble" came from another verb "cut". However, today it has been proven that the ruble, for some reason, owes its name to the ancient technology of coin production. At first, the ruble was in the form of a coin with a certain amount of precious metal. But in 1769, the first paper money appeared. On modern Russian banknotes, architectural monuments of different cities of the country are depicted: on the front side of the banknote with a face value of 5 thousand - a monument to Muravyov-Amursky in Khabarovsk, on the back - a bridge across the Amur

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.