In 1989/90 the current and third decimal series of coins were introduced, again reducing size, introducing a circulation 2 Rand coin for the first time and the first 5 Rand coin to follow in 1994. In 1965 the second decimal series were introduced, radically reducing the size of the coins. With the introduction of the decimal series in 1961, decimal coins of equal size and value to the Pound series were produced to ease the transition (1961 to 1964). Like all Pound sterling series, 12 Pennies make a Shilling and 20 Shillings a Pound. In 1923 the first coins in the Pound Sterling series were issued, depicting the British Monarch. Today, after the democratic elections of 1994, South Arica has three Capitols, Pretoria as the executive, Cape Town as the Legislative and Bloemfontein as the judicial. However, the predecessor of the Republic was the Union of South Africa, formed on out of 4 British Colonies: The Transvaal, Free State, Cape Colony and Natal. The Republic of South Africa, situated at the southern part of the African continent, was founded on, away from British rule and introduced a decimal coin series as a result.
