History of south African money and battering?

The history of South African money dates back to the use of barter systems among indigenous communities before the arrival of European settlers. In the 17th century, the Dutch East India Company introduced coinage, leading to the establishment of the Cape Colony's monetary system. Over time, various currencies, including the British pound and the South African pound, were used until the South African rand was introduced in 1961, replacing the pound at a rate of 2 rand to 1 pound. Battering, which refers to the practice of exchanging goods directly without money, remained prevalent in rural areas but gradually diminished with the modernization of the economy.