ZAR

South African Rand

ZAR is the official currency of South Africa and is also legal tender in neighboring countries Namibia, Lesotho, and Eswatini.

The rand is managed by the South African Reserve Bank. It's the most traded African currency and is influenced by gold and platinum prices, as South Africa is a major producer of precious metals.

Related Terms

USD

United States Dollar

USD is the official currency of the United States and its territories. It's the world's primary rese...

EUR

Euro

EUR is the official currency of the Eurozone, used by 20 of the 27 European Union member states. It'...

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