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The rand (sign: R; code: ZAR) is the official currency of South Africa and some other countries in the Common Monetary Area. It is named after the Witwatersrand, a gold-rich region, and has a history of fluctuating exchange rates.
Learn about the history, sectors, statistics and challenges of the South African economy, a developing upper-middle income country with a GDP of $373.23 billion in 2024. Compare its GDP rank, growth, per capita, inflation, poverty, trade and more with other emerging markets.
The Krugerrand is a gold coin minted by South Africa since 1967, named after former president Paul Kruger and the national animal springbok. It was once the dominant coin in the global gold market, but faced sanctions and competition from other countries during the apartheid era.
Learn about the history, potential, and challenges of Uganda's economy, which is based on agriculture, services, and natural resources. Find statistics, trade data, and indicators of poverty, inequality, and development.
Learn how the economy of South Africa evolved from subsistence agriculture and hunting to a mining and industrial powerhouse. Explore the impact of colonialism, apartheid, and post-apartheid reforms on the country's GDP, trade, and social development.
Uganda is a landlocked country in East Africa with a diverse population and a varied equatorial climate. Learn about its precolonial, colonial, and postcolonial history, its natural and human resources, its ethnic groups and languages, and its current challenges and opportunities.
Learn about the trade, industry, agriculture, and human resources of the continent, as well as its economic history and current conditions. Find out the GDP, GDP per capita, and growth rates of African countries, as well as the causes and effects of economic underdevelopment.
Learn about the global decentralized market for trading currencies, its history, characteristics, and participants. Find out how foreign exchange rates are determined, how they affect international trade and investments, and how they are used for speculation and hedging.