WATCH: South Africa is getting new coins

WATCH: South Africa's getting new coins

The South African Reserve Bank has gazetted the new designs for the 2023 Fourth Decimal Coin Series of South Africa. 

The South African new R5 coin.
The South African new R5 coin. Image: Business Tech

The new coins were first announced during a virtual meeting on 31 August, where Cabinet approved the new dimension, design, and compilation of the coins. 

 Cabinet confirmed the change to the current coins in a statement released last week. 

The coins will become available from 1 January 2023.  

These new  coins will be minted on a rotational system with the use of all the official languages being printed onto the coin over a certain period. 

For the next ten years, the languages will be alternated on a yearly basis.

New R2 coin.
New R2 coin. Image: Business Tech
The new R1 coin.
The new R1 coin. Image: Business Tech
New 50c coin.
New 50c coin. Image: Business Tech
New 20c coin.
New 20c coin. Image: Business Tech
New 10c coin
Image: Business Tech

ALSO READ: 

Listen to more local news below Jacaranda
Jacaranda FM

Show's Stories