South African Rand (ZAR) TradingHours.com
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 worldZAR Exchange Rates
1 South African Rand equals:
† Rates last updated at 15 minutes ago
‡ Rates are the interbank rate and are only available on large transactions
ZAR Currency Facts
ZAR Details
| ISO 4217 Code | ZAR |
|---|---|
| ISO 4217 Number | 710 |
| Unit Name | Rand |
| Symbol | R |
| Currency Nicknames | N.a. |
ZAR Denominations
| Minor Unit Name | Cent |
|---|---|
| Minor Unit Symbol | c |
| Minor Units | 2 |
| Frequently Used banknotes | R10, R20, R50, R100, R200 |
| Rarely Used Banknotes | N.a. |
| Frequently Used Coins | R1, R2, R5, 5c, 10c, 20c |
| Rarely Used Coins | N.a. |
ZAR Issuance
| Central Bank | South African Reserve Bank |
|---|---|
| Central Bank Website | http://www.reservebank.co.za |
World Bank Statistics
| Estimated User Population | 62,336,009 people |
|---|---|
| Population Rank | #21 |
| ZAR Inflation Rate | 4.50% |
| 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.
| Holiday | Date | Status |
|---|---|---|
| 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 |