Timeline

• 30.04.1782
• Governor's resolution on the issuance of paper money in denominations of Rixdollar of 8 Shillings or 48 Stivers ; effective immediately
  - The Cape Rixdollar was on par with the Dutch Thaler (Rijksdaalder) but exchange was subject to a 4% commission.
• 23.01.1806
• Governor's resolution to maintain the Cape Rixdollar as unit of account after the British annexation; effective immediately. Rating of the circulating coinage:
  - Gold: Spanish doubloon (8 Spanish Escudos in gold) at 20 Rixdollars; British Guinea at 5½ Rixdollars
  - Silver: Spanish Dollar (8 Spanish Real in silver) at 1¼ Rixdollars; Dutch Silver Ducat at 2⅜ Rixdollars; British Shilling at ¼ Rixdollar.
• 06.06.1825
• Ordinance [Paper Currency, No. 2] on the introduction of British accounting and demonetization of the Cape paper currency at a rate of 1 Pound = 13⅓ Rixdollars; effective 01.01.1826
• 12.07.1825
• Ordinance [No. 6] on the introduction of British coinage; effective immediately
• 29.11.1881
• Ordinance [Order in council] on the proclamation of the 1870 coinage act for the Cape Colony; effective 05.04.1894.
• 23.10.1891
• Law [Bank Act, No. 6] on the regulation of paper money issuance by commercial banks; effective immediately (?)
  - Subsequently, three banks issued paper money in a unified design: African Banking Corporation (est. 1891)
  - Bank of Africa (est. 1879)
  - National Bank of South Africa; Standard Bank of South Africa (est. 1862).

Timeline

• 10.03.1865
• Parliamentary (Volksraad) resolution on the issuance of government paper money denominated in Pound Sterling; effective immediately (issuance started 15.04.1865).
• 20.06.1870
• Law [No. 11] on the withdrawal of the government notes; effective immediately.
• 08.03.1873
• Law [No. 3] on the abolition of government paper money (de facto instituting a free banking regime); effective 01.02.1875.
• 09.08.1890
• Parliamentary (Volksraad) resolutions [No. 1129, 1231] on the establishment of the partially government owned "National Bank of the South African Republic" with issuance privilege for paper money; effective upon constitution of the bank on 15.04.1891
• 07.08.1891
• Law [No. 14] on the introduction of gold and subsidiary coinage denominated in Pound Sterling; effective immediately, the coins were put in circulation beginning 1892.
• 29.05.1893
• Law [No. 2] on the regulation of paper money issuance by commercial banks; effective 07.06.1893.
  - Beside the National Bank only the "Nederlandsche Bank voor Zuid-Afrika" (est. 1903) made use this.
• 28.05.1900
• Law [No. 1] on the issuance of government notes; effective immediately.
  - 11.07.1900: British Commander-in-chief proclamation [No. 8] on the refusal to accept the Transvaal government notes; effective immediately.
• 16.02.1906
• Ordinance [Order in council] on the proclamation of the 1870 (amended 1891) coinage act for Transvaal; the coins of the former South African Republic remained current; effective immediately

Timeline

• 11.06.1866
• Parliamentary (Volksraad) resolution on the issuance of government paper money denominated in Pound Sterling; effective immediately.
• ??.??.1902
• Ordinance [No. 20] on the regulation of paper money issuance by commercial banks; effective immediately (?)

Timeline

• 27.08.1845
• Ordinance of the Cape Colony on the revocation of the entire Cape legislation for the Natal colony (including the currency ordinances and thus creating a "currency-less period"); effective immediately.
• 29.11.1881
• Ordinance [Order in council] on the proclamation of the 1870 coinage act for Natal; effective 31.12.1893.

Timeline

• 23.01.1911
• Ordinance [Union of South Africa and Basutoland (Coinage) Proclamation] on the proclamation of the 1870 (amended 1891) coinage act; effective 09.05.1911.
  - 10.11.1932: Ordinance [Union of South Africa (Coinage) Proclamation, No. 915] on the revocation of the 1911 proclamation; effective 21.01.1933
• 10.08.1920
• Law [Currency and Banking Act, No. 31] on the establishment of the SOuth African Reserve Bank and creation of a distinct currency; effective upon constitution of the bank on 30.06.1921
• 19.04.1922
• Start of issuance of banknotes by the Reserve Bank (coins followed on ??.02.1923)
• 02.08.1922
• Law [Coinage Act, No. 31] on the issuance of gold and subsidiary coins (British and Transvaal coins remained current); effective immediately
• 08.03.1933
• Law [Currency and Exchanges Act, No. 9], replacing the Currency and Banking Act, 1920; effective 21.01.1933 (retroactive)
• 12.05.1944
• Law [South African Reserve Bank Act, No. 29], replacing the Currency and Exchanges Act, 1922; effective 01.07.1944

Valuation Regimes

• 1910-1961
• Fixed rate against British Pound

Timeline

• 29.06.1959
• Law [Decimal Coinage Act, No. 61] on the decimalization of the currency; effective 01.02.1961
• 14.02.1961
• Start of currency exchange:
  - 14.02.1961: Start of issuance of the new banknotes and coins
  - the former paper money and coins were not demonetized.
• 05.12.1974
• Agreement [Rand Monetary Area Agreement] between South Africa, Botswana, Lesotho, Swaziland to establish a common currency area (Botswana withdrew on 30.11.1976)
• 01.07.1986
• Agreement [Common Monetary Area Agreement] between South Africa, Lesotho, Swaziland on the renewal of the common currency area (Namibia joined on 06.02.1992)

Valuation Regimes

• 1961-1967
• Fixed rate against British Pound
• 1967-1971
• Fixed rate against US Dollar, did not follow the British devaluation
• 1971-1972
• Fixed rate against British Pound, did not follow the US devaluation
• 1972-1974
• Fixed rate against US Dollar
• 1974-
• Variable rate