South African Rand Wiki
The rand (sign: R; code: ZAR) is the official currency of South Africa. The rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Zuid-Afrikaanse rand (South African rand); the ZA is a historical relic from Dutch and is not used in any current context except the country abbreviation, where it is used because "SA" is allocated to Saudi Arabia (and SAR to the Saudi Arabian Riyal). The only correct Afrikaans spelling is Suid-Afrikaanse rand.The rand 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. When referring to the currency, the abbreviation is usually upper case "R", but the name is written "rand" in lower case in both English and Afrikaans.Before 1976, the rand was legal tender in Botswana. With currencyconverts.com you can convert Lesotho Loti (R) to any other foreign currency. To convert a certain amount of South African Rand use currency converter. This page provides a free online information about currency conversion or exchange rates for world fiat currencies. Exchange rates for Lesotho Loti is calculated from mid-market real price and updates daily. Usually people search for ZAR exchange rate before business travel to Lesotho, Namibia, South Africa, Zimbabwe, or during trip to other countries and want to check rate of South African Rand in local money. On this page you can convert Lesotho Loti to main foreign currencies, get fast access to most used amounts of ZAR or aether calculate any amount of South African Rand in other fiat money.
South African Rand Comments ~ ZAR Analysis