South African Rand (ZAR)

News: South African Rand

• Duplication of Roles Contributes to the High Electricity Tariffs - Worldnews.com (3 February 2012, 6:28 am)
• RESEARCH: ZAR has been the laggard since the start of the year - ForexTV.com (2 February 2012, 12:41 pm)
• Forex Flash: ZAR, the most risk sensitive EMEA currency - Commerzbank - FXStreet.com (26 January 2012, 3:05 pm)

Reports & Events: South African Rand

• P4141 - Electricity generated and available for distribution, December 2011 (2 February 2012, 11:00 am)
• P3043 - Manufacturing: Utilisation of production capacity by large enterprises, November 2011 (2 February 2012, 9:30 am)
• P0351 - Tourism and Migration, October 2011 (30 January 2012, 12:30 pm)

Discussions: South African Rand

Sorry, no forex discussions found.

Videos: South African Rand

About the South African Rand

The South African “rand” (plural: rand) is the official currency used in the country of South Africa and is used alongside local currencies in Lesotho, and Namibia. Its official currency code is “ZAR” and it is symbolized by “R”. The primary denominations include 5, 10, 20, 50 cent coins; 1, 2, and 5 rand coins (1 rand = 100 cents); and 10, 20, 50, 100, 200 rand paper bank notes. In South Africa, decimal numbers are denoted using either a comma (e.g. 1,50). The rand has a managed float exchange rate and its value is often seen as being dependent on commodity prices (South Africa’s largest export).

Central Bank: South African Reserve Bank