South African Rand

The South African rand (sign: R; code: ZAR[a]) is the official currency of South Africa. It is also accepted as tender in Namibia, Lesotho and Eswatini alongside their local currencies. The rand is subdivided into 100 cents (sign: "c") and is commonly used in denominations of R 10, R 20, R 50, R 100, R 200 bills and 10c, 20c, 50c, R 1, R 2, R 5 and Krugerrand coins. The rand was introduced in 1961 shortly before the country declared itself a republic.

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South African Rand Currency

Currency Exchange Rates

โ€The Rand has been volatile throughout the years due to the countries economy and political status. More recently it has been widely affected by the COVID-19 health crisis. Currently the Rand has increased in value among other currencies such as US dollar since the recovery of COVID-19.

See ZAR currency value history and live conversion rates from the US Dollar/USD to the South African Rand/ZAR.

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