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ZAR - South African Rand

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Facts about the South African Rand

The south African rand (ZAR) is the national currency of South Africa. It is issued and monitored by the South African Reserve Bank (SARB). ZAR stands for Zuid-Afrikaanse Rand (in Dutch), which is the place where the country’s main gold deposits are situated. South African rand consists of 100 cents and is represented by the R symbol. Up until the end of the apartheid regime in the 1990s, the majority of ZAR banknotes depicted the important leaders of this notorious regime. However, after political changes, the country issued some banknotes depicting the county’s wildlife and its glorious leader Nelson Mandela.

FAQ
What does ZAR mean in currency?

ZAR is an abbreviation of the official currency of South Africa called the South African rand. It is shortened as “R” and subdivided into 100 cents. ZAR is issued in denominations of 10, 20, 50, 100, and 200 rand banknotes and 5, 10, 20, and 50 cents coins as well as 1, 2, and 5 R coins.

What is the symbol of the South African Rand?
What Makes the South African Rand Important?
What countries use the South African Rand?
Is ZAR a good investment?
South African Rand Stats
Name
ZAR
Symbol
R
Minor unit
1/100 cents
Minor unit symbol
cents
Bank notes

10, 20, 50, 100, 200

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South African Rand Exchanges Rates

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