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Home >> Guides and Tools >> Foreign Currency Guides >> Rand Exchange Rate

Rand Exchange Rate

The South African rand (ZAR) is the common currency of South Africa, Swaziland and Lesotho and is also legal tender in Namibia, making the rand one of the most used forms of travel money in Africa.

If you're visiting South Africa this year to follow England in the World Cup, it's easy to buy rands at today's exchange rate from OnlineFX, with exchanges beginning from £50. You also won't be charged any commission fee for your rand currency exchange.

Using the rand in South Africa

The rand was introduced in South Africa in 1961. Rand notes come in denominations of ZAR10, 20, 50, 100 and 200, and there are 100 cents to one rand. If you're visiting South Africa, please be aware that the maximum amount of rands that can be brought into the country is 5,000 rand (equivalent to £480).

You can use rands anywhere in South Africa, Swaziland and Lesotho, and all major banks in South Africa also operate currency exchange. It's important to carry rands with you in South Africa, however some places may accept foreign currency, and many hotels and shops will accept travellers cheques.

If you wish to withdraw more rands from banks in South Africa, be aware that local banks close at 3:30pm on weekdays and 11am on Saturdays.

Buy rands at today's exchange rate

You can buy rands or South Africa travellers cheques at live exchange rates from OnlineFX, with no commission - just sign up to our foreign exchange services and add rands to your basket.

If you have any rands left over after you return from South Africa, we'll even buy back your rands at a competitive exchange rate.

Buy South African rands or travellers cheques online

Transfer rands online