It depends on the condition, but your coin is worth about $25 in scrap silver if in circulated condition. Using currency conversion, $25 USD is about 217 South African Rand.
1 usd = 7.58756 zar
No it need not grow stronger as it is a currency that only S.Africa use it will only be for a while if the rand increases it value.
As of January 7, 2008, one Rand is equal to 0.15 US dollars and 0.10 Euro. See http://www.answers.com/topic/rand-1?cat=biz-fin#Exchange_Rate to get today's exchange rate to different currencies.
1.36 dollars=9.90 rand 0.27 dollars=2.00 rand 0.54 dollars=3.95 rand
R14.26
The value of a 5 Rand Mandela coin, whether gold or silver, depends on factors like its condition, rarity, and current market demand. As of October 2023, gold 5 Rand coins typically carry a value based on their gold content, while silver coins have a value based on their silver content and collector interest. It's advisable to check with a reputable coin dealer or numismatic resource for the most accurate and current pricing.
The currency in South Africa is the Rand ----- It is named after a hilly ridge where enormous quantities of gold were found in the late 1800s. The word Rand comes from the Dutch "randt" which means ridge. The word Dollar also comes from a geographical feature. German "thaler" means valley, and it is thought that the Dollar is named after the valley "Joachim's Thaler", where there were extensive silver mines.
In 1975, the exchange rate between the South African rand and the US dollar was approximately 1.5 ZAR to 1 USD. However, exchange rates during that time were subject to fluctuations and could vary based on market conditions. The rand was introduced in 1961, and its value has changed significantly over the years due to various economic factors.
About 6 rands equals one US dollar.
its 7.5 rand for every one dollar
Yes. A Rand is the South African currency (like the dollar in the U.S.) and is worth 100 cents.
The value of a 1966 silver one rand coin can vary based on its condition, rarity, and current market demand. Generally, in uncirculated condition, it might be worth around $5 to $15, while circulated examples could be valued lower. For accurate pricing, it’s advisable to consult a coin collector or a reputable coin dealer.