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South African Rand (ZAR)

The South African Rand is the primary currency of South Africa. This currency is used by an estimated 62,336,009 people. Based on our estimate, South African Rand is the #21 most popular currency is the world.

The currency code for the South African Rand is "ZAR". The ISO 4217 number for this currency is 710. The currency symbol for the Rand is "R".

South African Rand conversion rates, useful facts, and holiday schedule can be found below.

ZAR Currency Demographics

The primary country using the South African Rand is South Africa. The South African Rand is also used in Lesotho and Namibia.

There are approximately 62,336,009 people around the world who use the South African Rand. The South African Rand is the #21 most used widely currency is the world.

62,336,009 user population
Ranked #21 in the world

ZAR Exchange Rates

1 South African Rand equals:

Australian Dollar


Inverse: R11.28


Inverse: R19.59
British Pound


Inverse: R22.34
Indian Rupee


Inverse: R0.24
Japanese Yen


Inverse: R0.16
US Dollar


Inverse: R17.92

† Rates last updated at 33 minutes ago

‡ Rates are the interbank rate and are only available on large transactions

ZAR Currency Facts

ZAR Details

ISO 4217 CodeZAR
ISO 4217 Number710
Unit NameRand
Currency NicknamesN.a.

ZAR Denominations

Minor Unit NameCent
Minor Unit Symbol c
Minor Units2
Frequently Used banknotesR10, R20, R50, R100, R200
Rarely Used BanknotesN.a.
Frequently Used CoinsR1, R2, R5, 5c, 10c, 20c
Rarely Used CoinsN.a.

ZAR Issuance

Central BankSouth African Reserve Bank
Central Bank Website

World Bank Statistics

Estimated User Population62,336,009 people
Population Rank#21
ZAR Inflation Rate4.50%
Inflation Rank#28

† Population and Inflation rate as based on data from the World Bank.

‡ Corrections or suggestions? Please contact us.

2020 ZAR Currency Holidays

Based on holidays observed by the South African Reserve Bank. On these dates banks and payment systems may be closed. Settlement in South African Rand may also be closed on these dates.

New Year's Day January 1, 2020 Closed
Human Rights Day March 21, 2020 Closed
Good Friday April 10, 2020 Closed
Family Day April 13, 2020 Closed
Freedom Day April 27, 2020 Closed
Workers' Day May 1, 2020 Closed
Youth Day June 16, 2020 Closed
National Women's Day August 10, 2020 Closed
Heritage Day September 24, 2020 Closed
Day of Reconciliation December 16, 2020 Closed
Christmas Eve December 24, 2020 Partial Day
Christmas Day December 25, 2020 Closed
Day of Goodwill December 26, 2020 Closed
New Year's Eve December 31, 2020 Partial Day