South African Rand

The rand (sign: R; code: ZAR) is the official currency of South Africa. It is subdivided into 100 cents (sign: "c").

The South African rand is also legal tender in the Common Monetary Area member states of Namibia, Lesotho and Eswatini. Although these three countries each have their own national currency (the dollar, the loti and the lilangeni respectively), all three have been pegged with the rand at par since their introductions, and the rand is still widely accepted as a substitute for them. The rand was also legal tender in Botswana until 1976, when the pula replaced the rand at par.

Info
Unique Full Name of Currency (Brand):
South African Rand
Unique Currency (Brand) Abbreviation:
Rand
Unique Character Currency Symbol:
ZAR
Creation Licence:
System Rand Stakes
Currency Stakeholdings Licence:
System Rand Stakes
Staking Value Licence:
System Rand Stakes
Category:
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