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The Ora (symbol:Φ, ) [1] is the local currency of Orania, an Afrikaner town in South Africa first issued in April 2004. It is pegged at par with the South African rand. [1] The name, recalling that of the town where it circulates, derives from Latin aurum, meaning "gold". [2] The currency is not sanctioned by the South African Reserve Bank.
The South African rand is legal tender in the Common Monetary Area member states of Namibia, Lesotho, and Eswatini, with these three countries also having national currencies: (the dollar, the loti and the lilangeni respectively) pegged with the rand at parity and still widely accepted as substitutes.
The exchange rate is grossly more favourable to the seller of the foreign currency than is the official bank rate, but such trading is usually illegal. [ citation needed ] In many rural areas there is still a strong bartering culture, the exchanged items being of more immediate value than official currency (following the principle that one can ...
The Zimbabwean dollar (sign: $, or Z$ to distinguish it from other dollar-denominated currencies) was the name of four official currencies of Zimbabwe from 1980 to 12 April 2009. During this time, it was subject to periods of extreme inflation, followed by a period of hyperinflation.
U.S. dollar, the official currency of the United States, the world's dominant reserve currency and the most traded currency globally. Euro, the currency used by the most of countries and territories, the second-largest reserve currency and the second-most traded currency. Some currencies, such as the Abkhazian apsar, are not used in day-to-day ...
GMP per capita (2011) US$19,656 [9] Website. capetown.gov.za. Cape Town[a] is the legislative capital of South Africa. It is the country's oldest city and the seat of the Parliament of South Africa. [12] It is the country's second-largest city, after Johannesburg, and the largest in the Western Cape. [13]
Eastern Caribbean Central Bank. Website. www.eccb-centralbank.org. Valuation. Pegged with. U.S. dollar = XCD 2.70. The Eastern Caribbean dollar (symbol: EC$; code: XCD) is the currency of all seven full members and one associate member of the Organisation of Eastern Caribbean States (OECS).
e. The Community Exchange System (CES) is an internet-based global trading network which allows participants to buy and sell goods and services without using a national currency. It may be described as a type of local exchange trading system (LETS) network based on free software. While it can be used as an alternative to traditional currencies ...
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