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Banknotes in circulation from SARB in South Africa 2020-2023
In 2023, the value of banknotes in circulation in South Africa reached approximately 164.1 billion South African rand (ZAR), roughly nine billion U.S. dollars. Since 2020, the value has increased by just over 15 billion ZAR (about 826 million U.S. dollars).
The South African Reserve Bank is the only producer of coins and banknotes in the country.