Financial rand during 1984–1985 were largely the result of economic sanctions in response to apartheid. At the same time, the government enacted the exchange controls. Investments in South Africa by foreigners could only be sold for financial rand. The financial rand system provided for two exchange rates for the rand — one for current account transactions and one for capital account transactions for non-residents. Investments made in South Africa by non-residents could only be sold for financial rand, and limitations were placed on the convertibility of financial rand into foreign currencies. Financial rand had the ISO 4217 currency code ZAL. Financial rand
Glenn Rand Glenn Rand Glenn Rand (born in 1944 Cincinnati, Ohio, United States) is an American photographic artist, educator and writer. He has produced photographic art that has been included in public museum collections throughout the United States, Japan, and Europe. He has written twelve books on photography and contributed regularly to magazines. In 2009 the Photo Imaging Education Association (PIEA) presented him with its "Excellence in Education Award" for his insightful contributions to photographic education. After receiving his Bachelor of Art degree at Purdue University in 1966 with a Major in Humanities and Design, Rand continued on at Purdue acquiring a