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Today’s ZAR online Exchange Rate:

1 AUD =   9.4854   ZAR

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Currency Information

Currency: South African Rand
Currency code: ZAR
Currency symbol: R
Bank notes: R10, R20, R50, R100, R200
Coins: 10c, 20c, 50c, R1, R2, R5

Daily Cost

Three-course meal for 2, mid-range restaurant 500 Rands
One-way ticket for local transport 18 Rands
Bottle of water 9.91 Rands

As a trading centre, multiple currencies circulated throughout South Africa. The first official currency used was the Guilder. During the late 17th century, the Rixdollar was used and was the first South African currency to include paper notes. During British occupation, in 1826, the Cape Colony was put on a sterling basis, though other currencies, including Spanish Dollars, US Dollars, French Francs, and Indian Rupees continued to circulate. In 1921, the Reserve Bank of South Africa was established as the central bank. In 1961, the South African Rand replaced the Pound under a decimalized system. The ratio was 2 ZAR to 1 GBP.


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