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History of the Rand: When Did South African Change From Pounds to Rand?

South African Rand (ZAR) - Overview, History, Denominations

This is the most controversial coin in South African history… and it has Nelson Mandela’s face on it. 🇿🇦🪙 The Mandela Five Rand was meant to celebrate one of our greatest leaders, but for almost two decades scammers have used it to lie to thousands of South Africans. People have been told this coin is “rare” and “worth thousands” just because Madiba is on it. It is simply not true. The normal Mandela R5 you get in your change is worth face value. The only reason you do not see it often is bec