Since that moment, the rand has suffered several fluctuations in the exchange rate according to political and economic movements occurred in the country. In the South African Reserve Bank created one series of banknotes with the face of Nelson Mandela in order to honour the importance of the role of the Nobel laureate for peace in the country. On the other hand, regarding financial institutions, the first bank established in the country was the Lombaard , in Cape Town, inaugurated on the 23 rd April Later in that time, on the 30 th June , the South African Reserve Bank started operations and the country could have a national bank.
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The first banknotes were issued by this bank on the 19 th April Currently, we have coins of 1, 2, 5, 10, 20 and 50 cents and 1, 2, and 5 rands in circulation. Also, there are banknotes of 10, 20, 50, , and 1, ZAR. The South African rand. Origins and history The rand was introduced in South Africa in , when the country became a Republic. Current South African rand coins and banknotes Currently, we have coins of 1, 2, 5, 10, 20 and 50 cents and 1, 2, and 5 rands in circulation. Did you know? Though the value of the rand has fluctuated greatly in the latest years, travelling trough the country is less expensive than in Western Europe or the USA.
As the rand notes have been suffering from counterfeit, some establishments refuse to accept them. Online money orders: best price guarantee Order online and collect your currency at the branch of your choice. Why change currency with us rather than your bank Global Exchange Your high-street bank Variety of currencies We have 43 currencies. We are specialists. Tanya obtained a BComm Honours degree in from Unisa. She returned to SA in and started her career in the foreign exchange industry. Tanya successfully summited Mt Kilimanjaro in and enjoys adventurous outdoor activities such as hiking and running.
Carey grew up in Port Elizabeth, South Africa. It was while managing two warehouses for Behr Hella, an international automotive company, that Carey took a keen interest in logistics. She went on to study logistics and procurement at Nelson Mandela Metropolitan University. During this time, she realised her passion for people and took an about-turn into marketing and sales, where she excelled. Now living in London, Carey joined Sable International in and specialises in saving both individuals and companies money on their international money transfers.
James has 35 years of banking experience, 15 of these intimately involved in international trade finance, including eight years as head of Capital Equipment Imports and Trade Finance, Nedbank Corporate previously BoE Corporate Bank. In his spare time, James enjoys surfing and has a very active family that love the outdoors.
He started an online forex business in London before returning to South Africa. He then joined FX Capital, growing the business to annual trade in excess of R4 billion per annum. Born in Queensland, Australia, Jason first started working at Sable International over 10 years ago, after moving to the UK for a working holiday. Since joining the Sable International team, Jason has worked in a variety of roles within our London, Cape Town and now Melbourne offices. Jason currently oversees our Australian and New Zealand foreign exchange operations. Saskia graduated from the University of Cape Town with a B.
Masters in finance and a sub-major in economics. With passion, determination and an extensive knowledge of the foreign exchange market, she emigrated to London to head up Sable International's forex business development team in London.
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Saskia now runs the UK Sable Forex team, whose core focus is business development, customer relations and client retention. Shawn hails from windy Fish Hoek, Cape Town. He is currently employed as a Foreign Exchange Broker and deals mainly with private clients, corporates, estates and transfers into South Africa. Gemma was raised and schooled in Cape Town, South Africa. After school, she spent two years living and working in the UK. After returning to South Africa, she studied business management and computing before quickly being snapped up by Sable International.
Several years and three promotions later, Gemma holds the position of co-manager of the Cape Town forex department, where she is responsible for client relations, marketing and new business development. She brings an outstanding enthusiasm, dedication and knowledge of the company to the role. She specifically deals with the private individual clients and particularly enjoys the more challenging situations where the client is struggling to find a realistic solution to their offshore transfer requirements.
Brenda also deals with inheritance payments, financial emigration and SARS tax clearances.
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When not cycling, he takes educational outdoor trips with his two children and three foster children. Juanita was born and raised in Cape Town. She attended Milpark Business School where she obtained her certificate in banking. Anita has a BComm degree and over 20 years work experience, 14 years of which she spent in the finance industry and eight years in foreign exchange, exchange control and cross-border payments. She has worked and travelled throughout Europe.
She will attempt her first Comrades Marathon in Lynn was born and bred in George along the beautiful Garden Route. She has travelled extensively and has lived in Israel, the United Kingdom and Turkey. Lynn loves travelling, hiking, going to the gym and spending time with her family, especially her grown-up son.
She is currently employed as a Forex Broker, where she deals with both corporate and private clients. He has had a keen interest in trading, which led him to Sable International after obtaining his degree.
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Sebastian also has a strong interest in risk management and environmental economics. He plans on obtaining the Energy Risk Professional designation — which focuses on the financial risk aspects of energy production.
Sebastian is passionate about hiking and enjoys surfing, often going for a morning session before coming into the office. In her current role as a Client Relations Administrator, she is responsible for registering clients who want to send money out of South Africa.
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Teri-Anne enjoys spending time with her husband and two children, watching movies and eating good food. After matriculating from Premier College, she completed a course at Milpark Education. Anthea has previously worked at Woolworths Financial Services.
In her current role at Sable International, she is responsible for assisting clients with financial emigration. She joined Sable International in and is currently employed as a Forex Broker, managing corporate and private client portfolios at the Cape Town office. As a Client Relations Administrator in our forex department, she assists clients with financial emigration. Monique is always up for a challenge and believes in hard work and measurable results. She was snapped up by Sable International in She enjoys spending her time outdoors; exploring the countryside with her husband, two children and three dogs.
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