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Rand (ZAR) is the currency in South Africa

Facts about Rand

  • Country:
    South Africa
  • Currency:
  • Currency code (ISO 4217):
  • Short for the currency:
  • Currency subunits:
    100 cents

The rand was introduced as currency in South Africa in 1961, replacing the South African pound. The currency is issued by the South African Reserve Bank in Pretoria. The rand is also used within the Common Monetary Area (CMA) in Lesotho, Swaziland and Namibia.

Where is South Africa?

Show a bigger map of South Africa

South Africa is a republic with a well developed economy and large natural resources. Despite that, South Africa has been struggling with high unemployment lately.

A currency refers to a means of payment in one or several countries.
A currency can be shortened as a currency code of three letters.
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