HomeAUD / ZAR • Currency
Follow
AUD / ZAR
Previous close
12.35
Market news
About South African Rand
The South African rand, or simply the rand, is the official currency of the Southern African Common Monetary Area: South Africa, Namibia, Lesotho and Eswatini. It is subdivided into 100 cents and the rand and cents are separated by a comma.
The South African rand is legal tender in the Common Monetary Area member states of Namibia, Lesotho and Eswatini, with these three countries also having their own national currency pegged with the rand at parity and still widely accepted as substitutes. The rand was also legal tender in Botswana until 1976, when the pula replaced the rand at par. Wikipedia