Financial rand
![Four exchange control stamps in a South African passport from the mid-1980s allowing the passport holder to take a particular amount of currency out of the country. Exchange controls such as these were imposed by the South African government to restrict the outflow of capital from the country.](/Images/godic/202501/13/SA_exchange_controls_80s1636.jpg")
The South African financial rand was the most visible part of a system of capital controls. Although the financial rand was abolished in March 1995, the capital controls remain in place. These capital controls are locally referred to as "exchange controls".