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Do South Africans use English money?
South African money is called the Rand (code ZAR). South Africans do not use the USA dollar (code USD)
Is South African rand backed by gold?
No, the South African rand is not backed by gold. It is a fiat currency, meaning its value is not tied to a physical commodity but is instead based on the trust and confidence of the people who use it. While South Africa has a significant history of gold mining and reserves, the rand's value is determined by various economic factors, including supply and demand in the foreign exchange market.
How much is 1 Britisg Pounds worth in SOuth Africa?
What is the exchange rate for sterling pounds to south african rand?
What is the currency in South Africa and its US dollar equivalence?
It is Rand (denoted by ZAR). 1 ZAR equals around 0.09USDThe South African Rand is the currency of South Africa. The currency rankings show that the most popular South Africa Rand exchange rate is the ZAR to USD rate.The currency code for Rand is ZAR, and the currency symbol is R.
Is the exchange rate down in February South Africa?
No. The South African Rand has been staying steady this month between R9.50 and R10.50 per US Dollar.
Exchange rate south africa and malaysia?
The exchange rate between the South African Rand and the Malaysian Ringgit equals 1 Rand per .32 Ringgits.
What is the current - May 2008 - rate of exchange between the Israeli Shekel and the South African Rand?
1 Rand = 0.42 Shekel
Is it better to buy South African Rand in UK or SA?
Definitely in South Africa as you will get the best exchange rate.
When was South African rand created?
South African rand was created in 1961.
Do South Africans use English money?
South African money is called the Rand (code ZAR). South Africans do not use the USA dollar (code USD)
Is South African rand backed by gold?
No, the South African rand is not backed by gold. It is a fiat currency, meaning its value is not tied to a physical commodity but is instead based on the trust and confidence of the people who use it. While South Africa has a significant history of gold mining and reserves, the rand's value is determined by various economic factors, including supply and demand in the foreign exchange market.
What is the exchange rate between Spain and South African currencies?
South Africa uses the Rand while Spain uses the euro. As at 09Oct09, 1 Euro was worth 10.9 Rand
How much is 1 Britisg Pounds worth in SOuth Africa?
What is the exchange rate for sterling pounds to south african rand?
Where use currency rand?
The Rand is a South African currency.
How much is 10000 rand worth in us dollars?
As of the current exchange rate, 1 South African Rand is equivalent to approximately 0.068 US Dollars. Therefore, 10,000 South African Rand would be worth approximately 680 US Dollars. It's important to note that exchange rates fluctuate constantly due to various factors such as economic conditions and geopolitical events.
1 rand equals to how many dollars?
One South African Rand is equal to 94 cents in the U.S. The currency exchange rate fluctuates and this rate is accurate as of July, 2014.
How much is five pence in rands DGREGFD1990?
To convert five pence to South African rands, you need the current exchange rate between the British pound and the South African rand. As of my last update, five pence is equivalent to approximately 0.05 British pounds. If the exchange rate is around 20 rand to 1 pound, five pence would be roughly 1 rand. Please check the latest exchange rates for the most accurate conversion.
