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|ZAR Interbank Rate||5.0509|
|ZAR Buying Rate||5.1509|
|ZAR Selling Rate||5.044|
|ZAR Remittance Rate|
The South African Rand is the currency of South Africa.The currency code for Rand is ZAR from Dutch Zuid-Afrikaanse Rand and the symbol is R. The rand is subdivided into 100 cents (sign: 'c'). The rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the latter three countries do have their own currencies. The most popular South African Rand exchange rate is the USD to ZAR rate.
|ZAR Stats||ZAR Profile|
|Name :South African Rand||Central Bank : South African Reserve Bank|
|Symbol : R Cent: c||Coins :Freq Used : R1, R2, R5, 5c, 10c, 20c |
|Minor Unit :1/100 = Cent||Banknotes : Freq Used :R10, R20, R50, R100, R200|
|Top LKR Conversion:USD/ZAR||Users :South Africa, Lesotho, Namibia|
South Africa because of being a trading center, multiple currencies circulated throughout. 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.
This is the rate that will apply when you sell South African Rand currency on BookMyForex.com. The amount of INR (Indian Rupees) you'll recieve will be as shown below
Conversion is calculated using the highest ZAR-INR Selling rate across India. To see the most accurate rate select the city in the drop down above
This is the rate that will apply when you buy South African Rand currency on BookMyForex.com. The amount of INR (Indian Rupees) you'll recieve will be as shown below
Conversion is calculated using the highest ZAR-INR Buying rate across India. To see the most accurate rate select the city in the drop down above