Photo: South African Reserve Bank Introduces New coins
Photo: South African Reserve Bank Introduces New Banknotes
Photo: SA Reserve Bank
4 May 2023
The South African Reserve Bank (SARB) on Thursday (4 May 2023, introduced upgraded banknotes and coins into the South African market.
The SARB said the denominations will be introduced incrementally.
“The upgraded banknotes and coin have enhanced security features and new designs; however, the broad themes for the upgraded banknotes remain the same as the current banknotes, while the theme for the coin is deep ecology,” said the SARB.
The banknotes continue to pay tribute to South Africa’s first democratically elected president, Nelson Mandela, with his portrait retained on the front of the banknotes while the Big 5 animals are now illustrated as a family on the back.
“We also celebrate our constitutional democracy with the preamble to the South African Constitution printed in microtext around Madiba’s portrait and the country’s flag featured on the front and the back of the banknotes,” said the SARB.
“The theme of the coin series is deep ecology, which acknowledges the interconnectedness of living organisms as an integral part of the environment.