History Timeline of Paper Money in South Africa

History Timeline of Paper Money in South Africa

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History Timeline of Paper Money in South Africa

History Timeline of Paper Money in South Africa Do you want to know where the paper money you use today comes from? Read on to learn about the history of paper money in South Africa. The paper money as you know it, however, endured thick and thin while taking part in several significant bloody incidents that helped to form South Africa’s history.

The history of money for children is the subject of this charming poster. It spans the period of bartering in 9000 BC through the launch of Bitcoin as a money in 2014.

This timeline highlights significant occurrences in South Africa, such as the invention of paper money, the inauguration of the nation’s first bank, and the designation of the South African Rand as the nation’s official currency. The EMS CAPS curriculum for grade 7 includes this chronology.

For your convenience, you can print this material in a variety of versions. Both a super-eco color version that uses less ink and an editable version that allows you to add your own text for regional events are available. Depending on your requirements for size, you can also select between an A3 version, an A4 version, and two A4 portrait variations. The typical version is 2 x A3, which results in a substantial A2 poster perfect for class discussions.

 

Why do Grade 7 learners cover the history of money?

The history of money is covered in the economy topic of economic and management sciences at Senior Phase. It’s part of teaching on understanding needs and wants, and goods and services. Money is a really important part of our society because it enables us to buy things we need to look after ourselves, and things that we want, as treats.

This poster is great for printing out to go through with your learners, step by step. You could also choose to print out a smaller A4 version for learners to keep in their work books and refer to after the lesson. The poster features a bright blue border and eye-catching orange text, along with illustrations for each stage on the timeline.

While teaching about money in EMS lessons, you might also find these Financial Literacy Posters handy. They’re colourful and feature lots of key vocabulary. Or how about this Characteristics Of South African Money PowerPoint? You might also find this Grade 6 Trade Lesson Plan useful.

What is the history of money?

Here’s a brief rundown of the history of money:

  • 9000 BC – People bartered with livestock and other goods that they had in excess.
  • 600 BC – The first coins were made from precious metals in what is now modern day Turkey. They were valued according to weight.
  • 1250 AD – The Florin becomes the first coin accepted across Europe.
  • 1661 AD – The first paper money is printed in Sweden.
  • 1782 AD – The first paper money was introduced in South Africa – it was hand-written.
  • 1793 AD – South Africa’s first bank opens its doors.
  • 1946 AD – The first credit card was invented.
  • 1961 AD – The currency is changed from British Pounds to Rands and Cents in South Africa.
  • 1999 AD – The first mobile bank in Europe began.
  • 2009 AD – Bitcoin made an appearance as the first virtual currency.

 

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  1. Attend class 
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