South African Rand
(ZAR) Insights
Most traded African currency; commodity currency (gold, platinum, diamonds, coal); proxy for EM and African investment sentiment; key in Southern African Development Community (SADC)
Live Data Feed
ZAR Live Converter
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Real-time interbank rate: Live data unavailable
Currency Snapshot
Technical specifications, central bank governance, and market standing for South African Rand.
ZAR
Standardized ISO 4217 Currency Code
R
Unicode Glyphs & Display Symbol
1/100 = Cent Decimals
Subdivision unit definition
South Africa
South African Reserve Bank (SARB)
South African Reserve Bank (SARB)
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Market-determined exchange rate mechanism
Currency Standard: Fiat
Classified as Fiat in global trade networks
Banknotes
R10
Coins
10c
Global Network Integration
The FX Intelligence terminal maps the institutional footprint of the South African Rand, highlighting cross-border utilization and primary trading corridors.
Verified Authority
Regulated data streams mapped to South African Reserve Bank (SARB).
ZAR Market Insights
Deep-dive analysis of the South African Rand's global impact, remittance role, and institutional influence.
Strong Currency Impact
Cheaper imports; lower gold/platinum export revenues in ZAR; lower inflation
Weak Currency Impact
Higher commodity export revenues; inflation and fuel price increases; debt servicing costs rise
Remittance Role
SA receives significant remittances from diaspora in UK, Australia, New Zealand; sends remittances to Mozambique, Zimbabwe, Malawi, Lesotho
Central Bank Tools
Repo Rate, Standing facilities, FX interventions (limited)
Common Questions About South African Rand
Everything you need to know about ZAR exchange rates, banknotes, and historical significance.