[Forex] 1 ZAR/USD 1 South African Rand to US Dollar exchange rate Live chart
South African Rand (ZAR) : South African Rand currency sign (symbol): R. The ISO 4217 code of the South African Rand is ZAR. The ISO country code ZA stands for Zuid Afrika meaning "South Africa" in English. South African Rand is the official currency of South Africa and is legal tender in the Common Monetary Area between South Africa, Eswatini, Lesotho and Namibia, although the last three countries do have their own currencies pegged at par with the rand. The rand takes its name from the Witwatersrand , "white waters' ridge" in English. South African Reserve Bank (SARB) is the central bank of South Africa. The SARB was only the fourth central bank established outside the United Kingdom and Europe, the others being the United States, Japan and Java. Shareholders other than the governments of their respective countries (the others being Belgium, Greece, Italy, Japan, Switzerland, Turkey and the USA).