Pond

The Pond (sign: P; code: OVP) is the currency of Orange Free State. The word pond is Afrikaans for the word 'pound', which was the former currency of South Africa. The Pond has the symbol "P" and is subdivided into 100 cents, symbol "c". The ISO 4217 code is OVP, from Dutch Oranje Vrystaatse Pond. (Orange Freestate Pound). This is echoed in South Africa's internet top-level domain name ".ov" from the Dutch Oranje Vrystaat, meaning "Orange Free State". The Pond is pegged to the South African rand on a 1:1 basis through the Common Monetary Area-agreement, and both* are accepted as legal tender in the Area between South Africa, Swaziland and Lesotho.


 * = 500P Banknotes are not legal tender except in Orange Free State.

Nicknames
Although the Pond is being colloquially called geld (Afrikaans for gold), specific Pond banknotes have also received nicknames. One of the most popular nicknames is for the 100P banknote; "bloedgeld" (blood money), due to its strong red colouring. Another common nickname is for the 5P banknote; "skuurpapier" (sandpaper) since the banknote is pale yellow in colour.