Currency Guide South Africa

Currency

South African Rands (ZAR) = 100 cents. Notes are in denominations ZAR200, 100, 50, 20, 10

To view images and descriptions of all these denominations [click here]

The South African Rand is used in: Lesotho, Namibia and Swaziland.

Credit Cards

International Credit Cards are widely accepted by most businesses and are electronically validated. Credit cards accepted include American Express, Diners Club, MasterCard and Visa. In most instances informal traders do not accept credit cards and they cannot be used to purchase petrol or oil. A separate petrol card is issued by most banks.

Banks

Banking Hours are from 9am to 3:30pm weekdays and from 9am to 11am on Saturdays. These hours may vary for smaller branches. All banks are closed on public holidays. Cash machines are available which have a set daily limit for cash withdrawals

Currency Regulations

The import and export of local currencies is limited to ZAR 5,000. There are no limits to or from Namibia, Lesotho and Swaziland.

The import of foreign currencies is free but must be declared. The export of foreign currency cannot exceed the amount declared as imported.

[Click Here] for more information on doing a money transfer to the South Africa.

Currency Exchange

All commercial banks will exchange traveller's cheques and major foreign currencies. Most Hotels and shops accept travellers cheques and some foreign currency. For this facility a commission is chargeable which can vary.

Exchange Rate History

Date Rand Rate
01/01/02 17.032
01/01/03 13.344
01/01/04 11.551
01/01/05 10.499
01/01/06 10.594
A rough guide to the tourists rates for the South African Rand since the beginning of 2002

View South African Rand exchange Rate

Order South African Rand or South African Travellers Cheques

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