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The South African rand, or simply the rand, (sign: R; code: ZAR) is the official currency of the Southern African Common Monetary Area: South Africa, Namibia (alongside the Namibian dollar), Lesotho (alongside the Lesotho loti) and Eswatini (alongside the Swazi lilangeni).
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The rand (sign: R; code: ZAR) is the South African currency. 100 cents make up one rand. The rand is named after an area near Johannesburg called the Rand, which is famous for its gold mines. The symbol for the rand is a capital R, written before the sum.
The South African rand, or simply the rand, is the official currency of the Southern African Common Monetary Area: South Africa, Namibia, Lesotho and Eswatini. It is subdivided into 100 cents, and a comma separates the rand and cents.
Feb 18, 2024 · The South African rand (ZAR) is the national currency of the country of South Africa, with the symbol ZAR being the currency abbreviation for the rand in foreign exchange (forex) markets ....
Apr 2, 2024 · Updated: Apr. 02, 2024. Open full sized image. South African 200-rand banknote (front side). Courtesy of Ron Wise. rand, monetary unit of South Africa. Each rand is divided into 100 cents. The South African Reserve Bank has the exclusive authority to issue coins and banknotes in the country. Coins range in denomination from 5 cents to 50 rand.
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