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 McNally Rand McNally map, created using a new cost-saving wax engraving method, appeared in the December 1872 edition of its "Railroad Guide". Rand McNally became an incorporated business in 1873, with Rand as its president and McNally as vice president. The "Business Atlas", containing maps and data pertinent to business planning, was first published in 1876. The atlas is still updated today, now titled the "Commercial Atlas & Marketing Guide". The Trade Book department was established in 1877, publishing such titles as "The Locust Plague in the United States". Rand McNally began publishing educational maps in 1880 with its first line