Catalog
| Issuer | South African Reserve Bank |
|---|---|
| Year | 2023 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Paper |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | BANKAKGOLO YA AFORIKABORWA I BULUNGELOMALI leSEWULA AFRIKA 20 RAND |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | a savannah elephant head and electrotype numeral '20' face value; embedded security thread with demetallised text |
| Variants | Log in to see details |
| Comments |
The South African Bank Note Company, wholly owned by the Reserve Bank, has printed the country's currency in Pretoria since 1958 — one of relatively few central banks on the continent with full in-house production capability. That vertical integration matters: it means security specification changes can be implemented without routing designs or substrates through a foreign contractor, a sensitivity that became politically charged during the sanctions years and never entirely lost its weight afterward.
The watermark and security thread package on this 2023 issue is notably modest by current international standards, at a time when most comparable economies have migrated their mid-denomination notes to polymer or multi-layer hybrid substrates.