ZAR · R
South African Rand (ZAR)
The South African rand (ZAR) is the official currency of South Africa, issued by the South African Reserve Bank. It is one of the most traded emerging-market currencies, influenced by commodity prices and domestic economic conditions.
Convert this currency
Converted amount
0.0620 USD
Exchange rate
1 ZAR = 0.062007 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
ZAR · South African Rand
South African Rand (ZAR) Overview
The South African rand (ZAR) is the legal tender of South Africa, introduced in 1961 to replace the pound. It is subdivided into 100 cents and is issued by the South African Reserve Bank. The rand is widely traded in global foreign exchange markets, reflecting South Africa's status as an emerging market economy.
The value of the rand is influenced by various factors, including commodity prices (especially gold and platinum), political stability, and economic indicators such as inflation and GDP growth. As a result, the rand can experience significant volatility against major currencies like the US dollar and the euro.
For businesses and individuals dealing with South Africa, understanding the rand's behavior is essential. However, it is important to note that exchange rates fluctuate constantly, and any financial decisions should be based on current market data and professional advice.
- Code
- ZAR
- Symbol
- R
- Current rate
- USD / ZAR
Currency information
Last updated · 8/7/2026
Introduced on 14 February 1961, replacing the South African pound.
- Official name
- South African Rand
- Legal tender status
- Legal tender in South Africa and the Common Monetary Area
- Decimal places
- 2
- Minor unit
- cent · 1 ZAR = 100 cent
- Countries
- South Africa
- Territories
- Lesotho, Namibia, Eswatini
- Issuing authority
- South African Reserve Bank
- Central bank
- South African Reserve Bank · Official website
- Exchange-rate regime
- Free-floating
Common banknotes
R10 · R20 · R50 · R100 · R200
Common coins
5c · 10c · 20c · 50c · R1 · R2 · R5
Also known as
Rand · South African rand · ZAR · R · Rand sud-africain
Practical notes
- The rand is also accepted in some neighboring countries, though not as official tender.
- The symbol 'R' is used, and amounts are often written with the symbol before the number.
Priority currency pairs
The most useful conversions for this currency.
South African Rand questions
What is the ZAR exchange rate?
The displayed rate is the latest available reference rate for USD/ZAR. It can change throughout the day.
How can I convert ZAR online?
Use the converter above to calculate indicative amounts between ZAR and the other supported currencies.