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South African Pound
The pound (Afrikaans: ''pond''; symbol £, £SA for distinction) was the currency of the Union of South Africa from the formation of the country as a British Dominion in 1910. It was replaced by the rand in 1961 when South Africa decimalised. In 1825, an imperial order-in-council made sterling coinage legal tender in all the British colonies. At that time, the only British colony in Southern Africa was the Cape of Good Hope Colony. As time went on, sterling and its associated coinage became the currency of every British territory in Southern Africa. At that time sterling followed the Carolingian monetary system of a pound divided into 20 shillings, each of 12 pence. History The pound sterling became the standard currency of the Cape of Good Hope colony in 1825 following an imperial order-in-council that was issued for the purpose of introducing sterling coinage into all British colonies. British coins then replaced the Dutch currency. Before a unified South Africa, many au ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shilling
The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 20th century. Currently the shilling is used as a currency in five east African countries: Kenya, Tanzania, Uganda, Somalia, as well as the ''de facto'' country of Somaliland. The East African Community additionally plans to introduce an East African shilling. History The word ''shilling'' comes from Old English "Scilling", a monetary term meaning twentieth of a pound, from the Proto-Germanic root skiljaną meaning 'to separate, split, divide', from (s)kelH- meaning 'to cut, split.' The word "Scilling" is mentioned in the earliest recorded Germanic law codes, those of Æthelberht of Kent. There is evidence that it may alternatively be an early borrowing of Phoeni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dutch Guilder
The guilder ( nl, gulden, ) or florin was the currency of the Netherlands from the 15th century until 2002, when it was replaced by the euro. The Dutch name ''gulden'' was a Middle Dutch adjective meaning "golden", and reflects the fact that, when first introduced in 1434, its value was about equal to (i.e., it was on par with) the Italian gold florin. The Dutch guilder was a ''de facto'' reserve currency in Europe in the 17th and 18th centuries. Between 1999 and 2002, the guilder was officially a "national subunit" of the euro. However, physical payments could only be made in guilders, as no euro coins or banknotes were available. The exact exchange rate, still relevant for old contracts and for exchange of the old currency for euros at the central bank, is 2.20371 Dutch guilders for 1 euro. Inverted, this gives 0.453780 euros for 1 guilder. Derived from the Dutch guilder are the Netherlands Antillean guilder (still in use in Curaçao and Sint Maarten) and the Surinamese gu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Half Sovereign
The half sovereign is a United Kingdom, British gold coin with a nominal value of half of one pound sterling. It is half the weight (and has half the gold content) of its counterpart 'full' Sovereign (British coin), sovereign coin. The half sovereign was first introduced in 1544 under Henry VIII of England, Henry VIII. After 1604, the issue of half sovereigns, along with sovereigns, was discontinued. In 1817, following a major revision of British coinage, new versions of half sovereigns and sovereigns were introduced. Production of British half sovereigns continued until 1926 and, apart from special issues for coronation years, was not restarted until 1980. It was also used extensively in Australia, until 1933. Since the end of the gold standard, it has been issued only in limited quantities as a Bullion coin, bullion or Coin collecting, collectors' coin, with a sale price and resale value far in excess of its nominal value, though it continues to be legal tender. Modern half s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Florin (British Coin)
The United Kingdom, British florin, or two-Shilling (British coin), shilling piece (2/– or 2''s''.) was a Coins of the pound sterling, coin worth of one Pound (currency), pound, or 24 Penny (British pre-decimal coin), pence. It was issued from 1849 until 1967, with a final issue for collectors dated 1970. It was the last coin circulating immediately prior to Decimal Day, decimalisation to be demonetised, in 1993, having for a quarter of a century circulated alongside the Ten pence (British coin), ten-pence piece, identical in specifications and value. The florin was introduced as part of an experiment in decimalisation that went no further at the time. The original florins, dated 1849, attracted controversy for omitting a reference to God from Queen Victoria's titles; that type is accordingly known as the "Godless florin", and was in 1851 succeeded by the "Gothic florin", for its design and style of lettering. Throughout most of its existence, the florin bore some variation o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South African One Pound Note
South is one of the cardinal directions or Points of the compass, compass points. The direction is the opposite of north and is perpendicular to both east and west. Etymology The word ''south'' comes from Old English ''sūþ'', from earlier Proto-Germanic language, Proto-Germanic ''*sunþaz'' ("south"), possibly related to the same Proto-Indo-European language, Proto-Indo-European root that the word ''sun'' derived from. Some languages describe south in the same way, from the fact that it is the direction of the sun at noon (in the Northern Hemisphere), like Latin meridies 'noon, south' (from medius 'middle' + dies 'day', cf English meridional), while others describe south as the right-hand side of the rising sun, like Biblical Hebrew תֵּימָן teiman 'south' from יָמִין yamin 'right', Aramaic תַּימנַא taymna from יָמִין yamin 'right' and Syriac ܬܰܝܡܢܳܐ taymna from ܝܰܡܝܺܢܳܐ yamina (hence the name of Yemen, the land to the south/right of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transvaal Republic
The South African Republic ( nl, Zuid-Afrikaansche Republiek, abbreviated ZAR; af, Suid-Afrikaanse Republiek), also known as the Transvaal Republic, was an independent Boer Republic in Southern Africa which existed from 1852 to 1902, when it was annexed into the British Empire as a result of the Second Boer War. The ZAR was established as a result of the 1852 Sand River Convention, in which the British government agreed to formally recognise independence of the Boers living north of the Vaal River. Relations between the ZAR and Britain started to deteriorate after the British Cape Colony expanded into the Southern African interior, eventually leading to the outbreak of the First Boer War between the two nations. The Boer victory confirmed the ZAR's independence; however, Anglo-ZAR tensions soon flared up again over various diplomatic issues. In 1899, war again broke out between Britain and the ZAR, which was swiftly occupied by the British military. Many Boer combatants in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Decimalisation
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are to a power of 10, most commonly 100, and exceptionally 1000; and sometimes at the same time changing the name of the currency or the conversion rate to the new currency. Today, only two countries have non-decimal currencies: Mauritania, where 1 ouguiya = 5 khoums, and Madagascar, where 1 ariary = 5 iraimbilanja. However, these are only theoretically non-decimal, as, in both cases, the value of the main unit is so low that the sub-units are too small to be of any practical use and coins of the sub-units are no longer used. Russia was the first country to convert to a decimal currency when it decimalised under Tsar Peter the Great in 1704, resulting in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Barry Munnik Hertzog
General James Barry Munnik Hertzog (3 April 1866 – 21 November 1942), better known as Barry Hertzog or J. B. M. Hertzog, was a South African politician and soldier. He was a Boer general during the Second Boer War who served as the third prime minister of the Union of South Africa from 1924 to 1939. Throughout his life he encouraged the development of Afrikaner culture, determined to prevent Afrikaners from being influenced by British culture. Early life and career Hertzog first studied law at Victoria College in Stellenbosch, Cape Colony. In 1889, he went to the Netherlands to read law at the University of Amsterdam, where he prepared a dissertation, on the strength of which he received his doctorate in law on 12 November 1892. Hertzog had a law practice in Pretoria from 1892 until 1895, when he was appointed to the Orange Free State High Court. During the Boer War of 1899–1902, he rose to the rank of general, becoming the assistant chief ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jan Smuts
Field Marshal Jan Christian Smuts, (24 May 1870 11 September 1950) was a South African statesman, military leader and philosopher. In addition to holding various military and cabinet posts, he served as Prime Minister of South Africa, prime minister of the Union of South Africa from 1919 to 1924 and 1939 to 1948. Smuts was born to Afrikaner parents in the British Cape Colony. He was educated at Stellenbosch University, Victoria College, Stellenbosch before reading law at Christ's College, Cambridge on a scholarship. He was call to the bar, called to the bar at the Middle Temple in 1894 but returned home the following year. In the leadup to the Second Boer War, Smuts practised law in Pretoria, the capital of the South African Republic. He led the republic's delegation to the Bloemfontein Conference and served as an officer in a commando unit following the outbreak of war in 1899. In 1902, he played a key role in negotiating the Treaty of Vereeniging, which ended the war and res ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Roman Empire, Romans as ''Londinium'' and retains its medieval boundaries.See also: Independent city#National capitals, Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national Government of the United Kingdom, government and Parliament of the United Kingdom, parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the Counties of England, counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Atlantic Ocean
The Atlantic Ocean is the second-largest of the world's five oceans, with an area of about . It covers approximately 20% of Earth#Surface, Earth's surface and about 29% of its water surface area. It is known to separate the "Old World" of Africa, Europe and Asia from the "New World" of the Americas in the European perception of Earth, the World. The Atlantic Ocean occupies an elongated, S-shaped basin extending longitudinally between Europe and Africa to the east, and North America, North and South America to the west. As one component of the interconnected World Ocean, it is connected in the north to the Arctic Ocean, to the Pacific Ocean in the southwest, the Indian Ocean in the southeast, and the Southern Ocean in the south (other definitions describe the Atlantic as extending southward to Antarctica). The Atlantic Ocean is divided in two parts, by the Equatorial Counter Current, with the North(ern) Atlantic Ocean and the South(ern) Atlantic Ocean split at about 8th paralle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Standard
A gold standard is a Backed currency, monetary system in which the standard economics, economic unit of account is based on a fixed quantity of gold. The gold standard was the basis for the international monetary system from the 1870s to the early 1920s, and from the late 1920s to 1932 as well as from 1944 until 1971 when the United States unilaterally terminated convertibility of the US dollar to gold, effectively ending the Bretton Woods system. Many states nonetheless hold substantial gold reserves. Historically, the silver standard and bimetallism have been more common than the gold standard. The shift to an international monetary system based on a gold standard reflected accident, network externalities, and path dependence. Great Britain accidentally adopted a ''de facto'' gold standard in 1717 when Sir Isaac Newton, then-master of the Royal Mint, set the exchange rate of silver to gold too low, thus causing silver coins to go out of circulation. As Great Britain became t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
