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South African rand (ZAR) currency exchange rates
The rand is the currency of South Africa. It takes its name from the Witwatersrand (White-waters-ridge in Afrikaans), the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. It was first introduced in 1961, coinciding with the establishment of the Republic of South Africa.
Top currency exchange rates at Convertworld
USD | EUR | GBP | JPY | AUD | CAD | CHF | CNY | SEK | NZD | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.0705 | 0.0584 | 0.0507 | 7.6828 | 0.0905 | 0.0856 | 0.0639 | 0.4554 | 0.5936 | 0.0974 |
Latest daily average exchange rates. Last updated: May 7, 2021 at 12:05 AM CET
Facts about South African rand (ZAR)
The rand is the currency of South Africa. It takes its name from the Witwatersrand (White-waters-ridge in Afrikaans), the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. It was first introduced in 1961, coinciding with the establishment of the Republic of South Africa. It replaced the South African pound as legal tender, at the rate of two rand per pound or ten shillings to the rand. The rand has the symbol 'R' and is divided into 100 cents, symbol 'c', and is available in denominations of five notes (R10, R20, R50, R100 and R200) and seven coins (5c, 10c, 20c, 50c, R1, R2 and R5). One and two cent coins were also available until their discontinuation in April 2002, primarily due to inflation devalueing them. All prices are now rounded to the nearest 5c and the coins are no longer in circulation.
Most popular currency exchange rate conversion pairs
- South African rand (ZAR) to U.S. dollar (USD)
- South African rand (ZAR) to Euro (EUR)
- South African rand (ZAR) to British pound (GBP)
- South African rand (ZAR) to Japanese yen (JPY)
- South African rand (ZAR) to Australian dollar (AUD)
- South African rand (ZAR) to Canadian dollar (CAD)
- South African rand (ZAR) to Swiss franc (CHF)
- South African rand (ZAR) to Chinese renminbi (CNY)
- South African rand (ZAR) to Swedish krona (SEK)
- South African rand (ZAR) to New Zealand dollar (NZD)