Moving away from the Pound in the late 50’s to early 60’s, the Rand was established and is the current legal tender for South Africa, Swaziland, Lesotho and Namibia.
The Rand has had its fair share of volatility with the currency depreciating massively following the apartheid era sanctions. The currency looks to benefit when investors are willing to take on more risk in developing countries.
Below are the rates and live rates
1 USD = 15.3509 ZAR
1ZAR = 0.065 USD
Currency Converter widget is provided by DailyForex.com – Forex Reviews and News
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Pelumi Emmanuel is an accomplished writer and journalist with over 15 years of experience in the industry. He is a passionate and dedicated professional who is committed to producing high-quality content that informs, engages, and entertains readers. Pelumi’s love for reading and writing is evident in his work, which has been read worldwide and has garnered him a loyal following. His journalistic expertise is matched only by his natural talent for storytelling, making his articles both informative and engaging. He lives in California, USA.
