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South Africa, Rand
The South African Rand is the currency of South Africa. Our currency rankings show that the most popular South Africa Rand exchange rate is the USD to ZAR rate. The currency code for Rand is ZAR, and the currency symbol is R. Below, you'll find South African Rand rates and a currency converter. You can also subscribe to our currency newsletters with daily rates and analysis, read the XE Currency Blog, or take ZAR rates on the go with our XE Currency Apps and website. More info ►
Top ZAR Exchange Rates
The main purpose of European Central Bank (ECB) statistics is to support the monetary policy of the ECB and other tasks of the Eurosystem and the European System of Central Banks (ESCB). The Banque de France is an independent institution governed by French and European law, and a member of the Eurosystem, which is the federal system comprising the European Central Bank and the national central banks of the euro area.
Currency Facts
Name: South African Rand
Symbol: R Cent: c
Minor Unit:
1/100 = Cent
1/100 = Cent
Download audio output device for windows 10. Top ZAR Conversion:
USD/ZAR
USD/ZAR
Top ZAR Chart:
USD/ZAR Chart
USD/ZAR Chart
Inflation: 5.30%
Coins:
Freq Used: R1, R2, R5, 5c, 10c, 20c
Freq Used: R1, R2, R5, 5c, 10c, 20c
Banknotes:
Freq Used: R10, R20, R50, R100, R200
Freq Used: R10, R20, R50, R100, R200
Central Bank:
South African Reserve Bank
Website: http://www.reservebank.co.za
South African Reserve Bank
Website: http://www.reservebank.co.za
Users: South Africa, Lesotho, Namibia
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South African Rand History
Video converter software best buy. As a trading center, multiple currencies circulated throughout South Africa. The first official currency used was the Guilder. During the late 17th century, the Rixdollar was used and was the first South African currency to include paper notes. During British occupation, in 1826, the Cape Colony was put on a sterling basis, though other currencies, including Spanish Dollars, US Dollars, French Francs, and Indian Rupees continued to circulate. In 1921, the Reserve Bank of South Africa was established as the central bank. In 1961, the South African Rand replaced the Pound under a decimalized system. The ratio was 2 ZAR to 1 GBP.