In 2023, the value of coins in circulation in South Africa reached approximately 7.4 billion South African rand (ZAR), roughly 408 million U.S. dollars. Since 2020, the value has increased by 959 million ZAR (about 53 million U.S. dollars).
The South African Reserve Bank is the only producer of coins and banknotes in the country.
Circulation of coins from the South African Reserve Bank (SARB) in South Africa from 2020-2023
(in billion South African rand)
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SARB. (June 27, 2023). Circulation of coins from the South African Reserve Bank (SARB) in South Africa from 2020-2023 (in billion South African rand) [Graph]. In Statista. Retrieved October 12, 2024, from https://www.statista.com/statistics/1467006/coins-in-circulation-in-south-africa/
SARB. "Circulation of coins from the South African Reserve Bank (SARB) in South Africa from 2020-2023 (in billion South African rand)." Chart. June 27, 2023. Statista. Accessed October 12, 2024. https://www.statista.com/statistics/1467006/coins-in-circulation-in-south-africa/
SARB. (2023). Circulation of coins from the South African Reserve Bank (SARB) in South Africa from 2020-2023 (in billion South African rand). Statista. Statista Inc.. Accessed: October 12, 2024. https://www.statista.com/statistics/1467006/coins-in-circulation-in-south-africa/
SARB. "Circulation of Coins from The South African Reserve Bank (Sarb) in South Africa from 2020-2023 (in Billion South African Rand)." Statista, Statista Inc., 27 Jun 2023, https://www.statista.com/statistics/1467006/coins-in-circulation-in-south-africa/
SARB, Circulation of coins from the South African Reserve Bank (SARB) in South Africa from 2020-2023 (in billion South African rand) Statista, https://www.statista.com/statistics/1467006/coins-in-circulation-in-south-africa/ (last visited October 12, 2024)
Circulation of coins from the South African Reserve Bank (SARB) in South Africa from 2020-2023 (in billion South African rand) [Graph], SARB, June 27, 2023. [Online]. Available: https://www.statista.com/statistics/1467006/coins-in-circulation-in-south-africa/