The South African Rand (ZAR) is the national currency of the country of South Africa. Right up until Valentine’s Day in 1961, South African used the British Pound as its official currency. Convert 500 South African Rand to Euro. Foreign exchange information tool - read disclaimer. In addition, the notes printed in Sweden were not the correct colour, and they were 1 mm short. History of South African Currency (Rand and Cent). Get live mid-market exchange rates, historical rates and data & currency charts for ZAR to EUR with Xe's free Currency Converter. Currency converter to convert from Australian Dollar (AUD) to South African Rand (ZAR) including the latest exchange rates, a chart showing the exchange rate history for the last 120-days and information about the currencies. 1 rand is equal to 100 cents. It was introduced on the 14th of February, 1961 in the Union of South Africa. With more than 471,000 square miles, South Africa is the 25th largest country in the world. ZAR South African Rand Country South Africa Region Africa Sub-Unit 1 Rand = 100 cents Symbol R. The rand was introduced in 1961 and takes its name from the Witwatersrand, the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. In the year 1961 when the rand was introduced, it was worth US $1.40. This was because SA was a British colony. Directory of best currency transfer providers, compare to exchange rates when sending money from South Africa South African Rand exchange rates and currency conversion. South African Republic (SAR) coins catalog. In 1961, when the Rand made its debut, it wasn’t considered a weak currency as it is now. The Rand is South Africa’s official currency. ZAR Exchange Rates The rand was introduced in February 1961 and mostly held a … The History of Money in South Africa from 1652 to 2020. The South African Reserve Bank shredded 3.6 million 100-rand banknotes printed by Crane Currency because they had the same serial numbers as a batch printed by the South African Bank Note Company. Republic of South Africa (from 1961) South African Rand=100 cents 5 rand 1994 (1994-1995) nickel plated copper 5 RAND / Wildebeest SOUTH AFRICA SUID-AFRIKA / 1994 / Сoat of arms Coin value - $1-2 . The ZAR is the only currency in the continent which is officially used in four countries. South Africa Gold & Silver Coins & Currency APMEX carries a selection of Gold and Silver coins from South Africa. South African currency is extremely user friendly as notes are clearly market and are different in color, making each note distinctive and easily recognizable. The Rand circulates freely in Namibia, Swaziland and Lesotho. Track Rand forex rate changes, track Rand historical changes. Bank notes in South Africa are: R10, R20, R50, R100, R200 and R500 and coins range in 5c, 10c, 20c, 50c, R1, R2 and R5 value. South Africa Currency Converter Currency in South Africa. For a new search about a different currency, use the search dropdown to find the country and its currency. South African currency history. The national currency of South Africa is South African rand, ZAR. South Africa currency (ZAR). The currency in South Africa is Rand (ZAR) and cents. The South African Rand, abbreviated as ZAR, is the legal tender used in South Africa, Lesotho, Swaziland, and Lesotho. This was three days before the country was declared as a republic. See also - SAR commemorative coins . The rand was established as the official South African currency on 14 February 1961 in the Union of South Africa 3 months before South Africa became a republic — … Previous - coins of South African Republic 1961-1990. South Africa Rand .
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