![]() This trading station later become known as Cape Town. A Dutch explorer, Jan van Riebeeck, created a trading station on behalf of the Dutch East India Company. In 1652 the first European settlers arrived on South Africa's shores and brought along their countries' coins. The third decimal coin series is divided into the following three groups: A bi-metal R5 coin was launched in 2004 to replace the R5 nickel coin.Electroplated coins were introduced in 1989 as a solution to the escalating costs of materials and manufacturing and the increasing risk of falsification.Machines such as vending machines are programmed with software and sensors to recognise these circulation coins and to accept them accordingly. Various ridges, rims, serrations and different metals on the coins are incorporated as part of the security features. These coins are used in everyday transactions, circulating alongside banknotes. Circulation coins are made of metal or alloy.An important consideration in having the different sizes and rim finishes was that visually impaired people could identify the particular denomination with their fingers when transacting. The 10c is the smallest at 16mm and the R5 is the largest at 26mm. South Africa has six coin denominations in circulation, namely, the 10c, 20c, 50c, R1, R2 and the R5.
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