R500 Note in South Africa
What is the biggest note in South Africa?
Our banknotes. There are five denominations of South African banknotes in circulation: R10, R20, R50, R100 and R200.
When was the R200 note introduced?
Both the 100 and 200 rand notes were introduced in 1994.
Is there a 10 rand note?
Yes. The South African Reserve Bank issued South African Rand banknotes in 6 different denominations, including this 10 South African Rand banknote (Nelson Mandela). They are part of the current South African Rand banknotes series. The South African Reserve Bank started issuing these 10 South African Rand banknotes in 2012.
Where can I change South African Old notes?
Generally, People will receive the face value for their old series banknotes if they are exchanged at the South African Reserve Bank Head Office in Pretoria or by effecting a deposit at a commercial bank branch where they hold an account. Below is a list of commercial bank branches.
How much cash can you legally keep at home South Africa?
There is an exchange limit of 25,000 South African Rand (ZAR) for cash. Provided, you include cash in other currencies, the total number of pieces must equal US$10,000.
