South African rand as Daan Desimaal). This was accompanied by a radio jingle, to inform the public about the new currency. One Rand was worth US$1.40 from the time of its inception in 1961 until late 1971. Its value thereafter fluctuated as various exchange rate dispensations were implemented by the South African authorities. By the early-1980s, high inflation and mounting political pressure combined with sanctions placed against the country due to international opposition to the apartheid system started to erode its value. The currency broke above parity with the dollar for the first time in March 1982, and continued to trade between R
Rand House Rand House The Rand House, nicknamed "Random", is a historic house in Monticello, Minnesota, United States, constructed in 1884 and now operating as a bed and breakfast. It was the centerpiece of a summer estate owned by Minneapolis businessman Rufus Rand, Sr., and his wife Susan Mealey. The Rand House and a nearby building were listed on the National Register of Historic Places in 1979 as the Rufus Rand Summer House and Carriage Barn for having local significance in the themes of architecture, commerce, and entertainment/recreation. They were nominated for being representative of the late-19th-century country estates built by Twin