Watch South Africa has new banknotes video

The new money is recognised as legal tender and is expected to enter circulation this week. Image: Twitter@SAReserveBank

WATCH: South Africa has new banknotes and coins [Video]

Watch news in a minute for a summary of The South African Reserve Bank (SARB) unveiled the country’s upgraded coins and banknotes story.

Watch South Africa has new banknotes video

The new money is recognised as legal tender and is expected to enter circulation this week. Image: Twitter@SAReserveBank

NEWS IN A MINUTE: Listen or watch the full versions of the ‘South Africa has new banknotes: Have you seen them? article in a minute.

The South African Reserve Bank (SARB) unveiled the country’s upgraded coins and banknotes together with the Nelson Mandela Foundation on Wednesday, 3 May. The new banknotes and coins come with enhanced security features and new designs, even if they don’t stray too far from what is currently in circulation. The new money is recognised as legal tender and is expected to enter circulation this week. Important to note, existing coins and banknotes will continue to be recognised. The new banknotes keep the “Big Five” animals and Nelson Mandela’s face.

However, the SARB opted to emphasise family, and the notes now depict adult animals and their offspring. There are also changes to the colour of the notes.

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NEWS IN A MINUTE ON: SOUTH AFRICA’S NEW BANKNOTES

Video: The South African YouTube channel

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