South African Rand, the currency of South Africa
Rand (code: ZAR) takes its name from the Witwatersrand (White-waters-ridge in English), the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. The rand has the symbol 'R' and is subdivided into 100 cents, symbol 'c'. The rand is the currency of the Common Monetary Area between South Africa, Namibia, Swaziland and Lesotho. The rand was 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 2 rand = 1 pound or 10 shillings to the rand.
To perform conversions between South African Rand and other currencies
please try our
Currency Unit Converter
| || USD|| EUR|| GBP|| JPY|| CAD|| AUD|| CHF|| RUB|| CNY|| ZAR|| MXN|
|1 ZAR =||0.09997||0.07494||0.06394||9.74460||0.10320||0.10896||0.09258||3.28886||0.61132||1.00000||1.28458|
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