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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. Thus, one hundred rand is written as R100.
- 3.6% (South Africa only)
- R
- ZAR
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 ).
The Krugerrand ( / ˈkruːɡərænd /; [1] Afrikaans: [ˈkry.ərˌrant]) is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint.
- 32.77 mm (1.28 in)
- 1 troy oz. fine gold
- 2.84 mm (0.11 in)
- 33.93 g (1.09 troy oz)
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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 ....
Website. www .randrefinery .com. Rand Refinery (Pty) Limited is the largest integrated single-site precious metals refining and smelting complex in the world. It was established in 1920 to refine gold within South Africa which until that time had been refined in London .