Skip to content
All Currency Converter

Exchange rates and conversions

South African Rand (ZAR)

The South African rand (ZAR) is the currency of South Africa, issued by the South African Reserve Bank. It is written R and divides into 100 cents.

Updated Sep 19, 2026, 12:02 AM

ZAR
From
To

Converted amount

0.54 EUR

1 ZAR = 0.05356 EUR · 1 EUR = 18.6697 ZAR

ZAREUR

Updated Sep 19, 2026, 12:02 AM

ZAR against the major currencies

The figure shown is the mid-market rate: the midpoint between the buy and sell price, updated hourly. It is the rate before any margin is added, so a bank or a bureau de change will quote you a lower one.

About the South African Rand

The rand replaced the South African pound in 1961, the year the country became a republic. Its name comes from the Witwatersrand, the gold-bearing ridge on which Johannesburg was built, which is a fair summary of what still moves it: South Africa exports gold, platinum and coal, and the rand follows the price of what it sells.

The rand floats freely and is one of the most heavily traded emerging-market currencies, which is also why it is one of the most volatile. It travels beyond South Africa's borders: within the Common Monetary Area, Lesotho, Eswatini and Namibia peg their own currencies to the rand at par and accept South African notes alongside them.

The rand is the currency of South Africa and circulates in Lesotho, Eswatini and Namibia, whose own currencies are pegged to it at par.

ZAR at a glance

Symbol
R
Subunit
1 rand = 100 cents
Central bank
South African Reserve Bank (SARB), based in Pretoria
Introduced
1961
ISO 4217 code
ZAR

FAQ

What is the currency of South Africa?

South Africa uses the rand, ISO code ZAR, issued by the South African Reserve Bank. One rand divides into 100 cents and amounts are written with an R before the figure, as in R250.

Why is the rand so volatile?

The rand is freely floating, heavily traded and tied to commodity exports, so it reacts to metal prices, to interest rate decisions and to global risk sentiment all at once. Moves of several percent within a few days are common, which is why a rate you noted last week is not a reliable guide today.

Can I pay in rand in Namibia?

Yes. Namibia, Lesotho and Eswatini belong to the Common Monetary Area and peg their currencies to the rand at par, and South African notes are accepted there. The reverse does not hold: Namibian dollars and the other local currencies are generally not accepted in South Africa.

Follow the ZAR from your phone

The app converts ZAR into 148 currencies, offline included, and keeps your favourite pairs one tap away.

See all