Where does the name ZAR come from?

It stands for Zuid-Afrikaanse Rand, referring to Witwatersrand ('white waters ridge'), where South Africa's largest gold deposits were found.

How accurate are the exchange rates listed?

All rates listed are reference mid-market rates based on static data matrices. These represent clean interbank values and should be used for informational purposes only.

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South African Rand

ISO Code: ZAR

The South African Rand (ZAR) is the legal tender of South Africa. It is also used in a common monetary area with Lesotho, Namibia, and Eswatini. The Rand is highly liquid and frequently traded against major currencies.

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Countries Utilizing the South African Rand

🇿🇦

South Africa

Pretoria

Live Rates & Stats

Rate vs USD

1 USD = 16.4561 ZAR

1 ZAR = 0.0608 USD

Average Global Value

The South African Rand (ZAR) currently traded at reference interbank rates. Convert sizes using the calculator link.

Frequently Asked Questions

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