Money Museum

04 May 2019
Money Museum

On the 25th April 2019 the Grade 7’s were privileged to go on a tour, lead by Lawrence Billa, of the only banking museum in the country, the Absa Money Museum. It houses a collection of various forms of money used through South African history.
The exhibition also includes an overview of monetary currencies, and shows how currency strength was deter-mined before stock markets existed. It not only showcases the history of technology in South African bank-ing, but includes internet and cell phone banking, the history and usage of ATMs and the advent of the credit card.
The history of the Absa Group is also displayed in the museum, tracking its progression from start-up to one of the big 5 banks.