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50 Rand
| Issuer | South African Reserve Bank |
|---|---|
| Year | 2023 |
| Type | Log in to see details |
| Value | 50 Rand |
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| Composition | Log in to see details |
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| Obverse description | The obverse is printed in tones of pink, red, and grey, dominated by a large intaglio portrait of Nelson Mandela at centre-right, rendered with fine line engraving against a circular guilloche underprint incorporating an excerpt from his famous speech. The South African coat of arms appears at upper left alongside the bank title inscription, with a facsimile signature of the Governor below. A colour-shifting optically variable ink (OVI) windmill device is positioned at lower left, a small intaglio lion vignette at lower right, and a vertical security strip runs through the centre with the numeral 50 repeated in microprint along the right margin. |
|---|---|
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| Signature(s) | Lesetja Kganyago |
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| Comments |
The 2023 series marked South Africa's sixth definitive banknote family since the Reserve Bank's founding in 1921, with the 50 Rand printed entirely in-house at the SABNC facility in Pretoria — one of relatively few African central banks operating its own full-production printing works. Kganyago's signature appears here in his capacity as Governor, a post he has held since 2014 following the sudden resignation of Gill Marcus.
The optically variable ink on this denomination shifts between gold and green — a specification that caused supply delays in earlier runs of the preceding Mandela Centenary series when OVI sourcing was disrupted globally in 2020–2021.