South africa currency: The South African rand

The South African rand, or simply the rand, (sign: R; code: ZAR[a]) is the official currency of South Africa . It is subdivided into 100 cents (sign: "c"), and a comma separates the rand and cents. [1] The South African rand (ZAR) is the official currency of South Africa and has been in circulation since 1961. Named after the Witwatersrand, the region known for gold deposits, the rand has fluctuated significantly over the years due to economic and global factors. Currency converter to convert from South African Rand (ZAR) to Indian Rupee (INR) including the latest exchange rates, a chart showing the exchange rate history for the last 120-days and information about the currencies. What is the currency in South Africa? The official currency in South Africa is the South African Rand , which is issued and overseen by the South African Reserve Bank. If you’re buying your travel money online you may also see the official code being shown - ZAR.