What is Currency?
A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example, banknotes and coins.
What Is the Currency In South Africa?
The South African rand (ZAR) is the currency of South Africa and is issued by the South African Reserve Bank.
The South African rand has the symbol R. It is subdivided into 100 cents.
Is South African currency higher than the Dollar?
Exchange rate: 1 USD = 19.21 ZARThe South African rand (ZAR) is the most widely traded legal tender in Africa.
South Africa’s economy is increasingly integrated into the global economy. Several countries in the region, including Lesotho, Namibia, and Eswatini, have pegged their currencies to the South African rand.
How much is $100 US in South African rand?
| USD | ZAR |
|---|---|
| 100 USD | 1,911.69 ZAR |
| 500 USD | 9,558.48 ZAR |
| 1,000 USD | 19,116.96 ZAR |
| 5,000 USD | 95,584.81 ZAR |