Live South African Rand Exchange Rates
ZAR Interbank Rate5.0509
ZAR Buying Rate5.1509
ZAR Selling Rate5.044
ZAR Remittance Rate
currency profile
South African Rand (ZAR)

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.

Currency Facts

ZAR StatsZAR Profile
Name :South African RandCentral Bank : South African Reserve Bank
Website:http://www.reservebank.co.za
Symbol : R Cent: cCoins :Freq Used : R1, R2, R5, 5c, 10c, 20c
Minor Unit :1/100 = CentBanknotes : Freq Used :R10, R20, R50, R100, R200
Top LKR Conversion:USD/ZARUsers :South Africa, Lesotho, Namibia

History of South African Rand

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.

South African Rand Currency Converter

ZAR to INR Converter

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

ZAR INR {{currrateAdd.inr_amountS}} Current Rate: {{currrateAdd.priceS}}

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

INR to ZAR Converter

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

INR {{frc.currency_code}} {{currrateAdd.foreign_amountB}} Current Rate: {{currrateAdd.priceB}}

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

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