26 February 2018

South Africa: New coin and banknotes for Nelson Mandela's 100th birthday! [UPDATE]

The South African Reserve Bank (SARB) will launch a set of commemorative South African banknotes in honour of what would have been Nelson Mandela's 100th birthday. These notes will cover all denominations – R10, R20,  R50, R100 and R200. At the same time, the South African Mint, a subsidiary of the SARB, will issue a new R5 circulation coin celebrating Madiba's birth centenary. It is expected that the commemorative banknotes and coin will be introduced into circulation in South Africa from 18 13 July 2018.
The existing Mandela series of banknotes (from 2012) as well as the existing R5 coin in circulation will remain legal tender and will continue to be issued. This means that the new commemorative banknotes and coin will circulate alongside the existing banknotes and coin.

South Africa, R5 coin 2018, Nelson Mandela, Rand, 5 Rand
via: http://www.gpwonline.co.za

The the R5 circulation coin and every commemorative banknote will take the individual on a historical journey with former President Mandela:
  • The commemorative R5 circulation coin features a portrait of Madiba, smiling at the nation he helped to build.
  • The R10 banknote is inspired by the rolling hills of the Eastern Cape, featuring Madiba’s humble birthplace of Mvezo.
  • The R20 banknote features Mandela’s home in Soweto, where he defined his political life alongside other struggle icons.
  • The R50 banknote depicts the site where Madiba was captured near Howick following 17 months in hiding. This moment set in motion events that would change his life forever.
  • Madiba's time on Robben Island is depicted on the R100 banknote, where he was incarcerated for 18 of his 27 years in prison.
  • The inspiration for the R200 banknote comes from the moment when Madiba greeted the nation for the first time as a statesman. 

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