South African Pound


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South African Pound

The former currency of South Africa. It was introduced in 1921 when the South African Reserve Bank was established. It was equal in value to the British pound for its entire history except between 1931 and 1933, when the British government briefly left the gold standard. It was replaced by the South African rand in 1961.
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I once bet a South African pounds 5 on the proper pronunciation of the team name Wigan.

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