Industry WIKI

The Common Monetary Area (CMA) links South Africa, Namibia, Lesotho and Eswatini into a monetary union. The Southern African Customs Union (SACU) includes all CMA members in addition to Botswana, which replaced the rand with the pula in 1976 as a means of establishing an independent monetary policy. The CMA facilitates trade and promotes economic development between its member states.

The East African shilling was the sterling unit of account in British-controlled areas of East Africa from 1921 until 1969. It was issued by the East African Currency Board. It is also the proposed name for a common currency that the East African Community plans to introduce.

The sol (Spanish pronunciation: [sol]; plural: soles; currency sign: S/) is the currency of Peru; it is subdivided into 100 céntimos ("cents"). The ISO 4217 currency code is PEN.

The sol, later sol de oro (English: gold sol), was the currency of Peru between 1863 and 1985. It had the ISO 4217 currency code PES. It was subdivided into 10 dineros or 100 centavos. It also had two different superunits over its circulation life, the inca (1881–1882) and later the gold pound (1898–1931, abbreviated Lp.), both worth 10 soles.

The shilling is a historical coin and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland. It was generally equivalent to 12 pence, one-twentieth of a pound (worth 240 pence before decimalization), and was largely phased out during the 1960s and 1970s.

The pound (Afrikaans: pond; symbol £, £SA for distinction) was the currency of the Union of South Africa from the formation of the country as a British dominion in 1910. It was replaced by the rand in 1961 when South Africa decimalised.