The currency of South Africa

South African
RandZAR

The currency of South Africa is the South African rand (ZAR), divided into 100 cents and issued by the South African Reserve Bank. It replaced the South African pound in 1961: one rand costs ₹6.11 at our selling rate right now.

Code
ZAR
Symbol
R
Subunit
100 cents
In use since
1961
1 ZAR = ₹6.11Our selling rate · 10:25 AM IST, 5 Oct 2026
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₹6.11per rand · selling rate · 10:25 AM IST

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South Africa currency in one paragraph

What is the currency of South Africa?

The currency of South Africa is the South African rand, code ZAR, written R before the amount. One rand is divided into 100 cents. The South African Reserve Bank issues the notes and coins. The rand replaced the South African pound on 14 February 1961, at two rand to the pound, and it is legal tender across the Common Monetary Area, which takes in Lesotho, Eswatini and Namibia. On 5 Oct 2026, one rand was worth about ₹6.11 at our selling rate and ₹6.11 at our selling rate. Any price quoted in ZAR currency means this rand.

The R20 note carries Nelson Mandela on its front and an elephant on its back. It belongs to the upgraded Mandela banknotes, on sale from 4 May 2023.

South African Rand at a glance

Currency
South African randShort for Witwatersrand, the gold ridge
Code
ZARThe ISO 4217 code for the rand
Symbol
RBefore the amount, with no space, as in R50
Subunit
1 rand = 100 centsCents are written with a c, as in 20c
Issuer
South African Reserve BankFounded in 1921; its subsidiary prints the notes
Introduced
1961Replaced the South African pound at 2 rand to 1 pound
Exchange rate
Today's rate in rupeesOur selling rate for one rand is on this page
Used in
South AfricaAlso legal tender in Lesotho, Eswatini and Namibia
Banknotes
R10, R20, R50, R100 and R200The upgraded Mandela notes, on sale since 4 May 2023
Coins
10c, 20c, 50c, R1, R2 and R5The fourth decimal coin series; the 1c, 2c and 5c are no longer minted
Mandela notes · 2023 upgrade

South Africa currency notes and coins

South African money comes as five banknotes and six coins in everyday use. The notes are the upgraded Mandela banknotes, announced on 3 May 2023 and on sale from 4 May 2023: Nelson Mandela is on the front of every note, and the back shows one of the Big Five animals, now drawn as a family. The coins are the fourth decimal coin series, also from 2023. Each note is shown with what it costs in rupees at our selling rate today.

  • Ten rand R10

    ≈ ₹61.06 today
    Colour
    Green
    Front
    Nelson Mandela
    Back
    A rhinoceros
  • Twenty rand R20

    ≈ ₹122.12 today
    Colour
    Brown
    Front
    Nelson Mandela
    Back
    An elephant
  • Fifty rand R50

    ≈ ₹305.31 today
    Colour
    Red
    Front
    Nelson Mandela
    Back
    A lion
  • One hundred rand R100

    ≈ ₹610.61 today
    Colour
    Blue
    Front
    Nelson Mandela
    Back
    A Cape buffalo
  • Two hundred rand R200

    ≈ ₹1,221.22 today
    Colour
    Orange
    Front
    Nelson Mandela
    Back
    A leopard

Coins, in cents

A Cape honey bee on the 10c, a bitter aloe on the 20c, a Knysna turaco on the 50c, a king protea on the R1, a springbok on the R2 and a southern right whale on the R5. Every coin carries the National Coat of Arms and the year.

  • 1010 cents
    ≈ ₹0.61
  • 2020 cents
    ≈ ₹1.22
  • 5050 cents
    ≈ ₹3.05
  • 11 rand
    ≈ ₹6.11
  • 22 rand
    ≈ ₹12.21
  • 55 rand
    ≈ ₹30.53

Sources: South African Reserve Bank, banknotes and coins; note colours from Wikipedia. Rupee values at our selling rate, 10:25 AM IST, 5 Oct 2026.

RidgeThe Witwatersrand
RandThe currency

The name is short for "white waters ridge"

1 poundThe South African pound
2 randFrom 14 February 1961

Two rand for each pound it replaced

1 ozOf gold, launched 1967
KrugerrandRand in the name

A gold coin with the rand in its name

A name from a ridge

The currency named for a gold ridge

The rand is short for Witwatersrand, the "white waters ridge" of gold on which Johannesburg stands. It replaced the South African pound on 14 February 1961, and six years later the name went onto a gold coin, the Krugerrand.

  1. A ridge of gold

    The Witwatersrand, "white waters ridge", is the gold ridge on which Johannesburg stands. The rand takes its name from it.

  2. The rand replaces the pound

    The rand takes over from the South African pound at 2 rand to 1 pound, with 100 cents to the rand.

  3. The Krugerrand

    A 1 oz gold coin is launched with the rand in its name, six years after the currency itself.

Sources: Wikipedia, "South African rand"; Wikidata, Q181907; FXCM, "ZAR South African Rand"; Online Etymology Dictionary, "Krugerrand"; StoneX.

New 3% target · Nov 2025

How the rand is run and shared

A new inflation target, a currency shared with three neighbours and a central bank over a century old: three facts behind the rand today.

  • A new 3 percent target

    On 12 November 2025 the Treasury announced a new inflation target of 3 percent, with a tolerance band of 1 percentage point. It replaces the old range of 3 to 6 percent and is to be implemented over two years.

  • Shared with three neighbours

    The rand is legal tender across the Common Monetary Area. Lesotho, Eswatini and Namibia each also issue their own currency at par with it: the loti, the lilangeni and the Namibian dollar.

  • A central bank over a century old

    The South African Reserve Bank was founded in 1921 and is headquartered in Pretoria. It marked its 100 years with a commemorative R5 coin in 2021.

One unit in rupees · our selling rate, 5 Oct 2026

  • Chinese yuan₹15.06
  • Hong Kong dollar₹12.97
  • Swedish krona₹10.45
  • South African rand₹6.11
  • Thai baht₹2.98
Reference rates from ExchangeRate-API, cross-checked with the European Central Bank. Not our selling rates.
Going to South Africa? Read our South Africa travel guide →
A short history

The South African rand since 1961

South Africa has counted in rand since 1961. Here is what happened to its money along the way, in six entries.

  1. EntrySouth Africa

    The Reserve Bank is founded

    The South African Reserve Bank is founded, with its headquarters in Pretoria. It later issues the rand, and in 2021 it marks its first 100 years with a commemorative R5 coin.

  2. EntrySouth Africa

    The rand arrives

    On 14 February the rand replaces the South African pound at 2 rand to 1 pound. Its name is short for Witwatersrand, the gold ridge on which Johannesburg stands.

    Launch
  3. EntrySouth Africa

    The Krugerrand

    A 1 oz gold coin is launched with the rand in its name.

  4. EntrySouth Africa

    The Mandela centenary

    The Reserve Bank marks the Mandela centenary with commemorative banknotes and a commemorative R5 coin.

  5. EntrySouth Africa

    Upgraded notes, new coins

    On 3 May the Reserve Bank announces the upgraded Mandela banknotes and the fourth decimal coin series, and both go on sale on 4 May. Every note carries Mandela on the front and a Big Five animal on the back.

    New notes
  6. EntrySouth Africa

    A new inflation target

    On 12 November the Treasury announces a new inflation target of 3 percent, with a tolerance band of 1 percentage point. It replaces the 3 to 6 percent range and is to be implemented over two years.

Sources: South African Reserve Bank, banknotes and coins pages and the 2023 media release on the upgraded notes; National Treasury statement of 12 November 2025, as reproduced by allAfrica; Wikipedia, "South African rand" and "South African Reserve Bank"; Wikidata; FXCM; Online Etymology Dictionary, "Krugerrand".

At our selling rate

Rand and rupees side by side

Worked out at our selling rate at 10:25 AM IST on 5 Oct 2026. For the live rate on any amount, use the ZAR to INR or INR to ZAR converter.

Rupees to rand₹6.11 per rand · 10:25 AM IST, 5 Oct 2026
You payYou get
₹5,000R 818.85
₹10,000R 1,637.71
₹25,000R 4,094.27
₹50,000R 8,188.53
₹1,00,000R 16,377.07
₹2,00,000R 32,754.13
South African Rand to rupeesWhat each amount costs you · 10:25 AM IST, 5 Oct 2026
You buyIt costs
R 500₹3,053.05
R 1,000₹6,106.10
R 2,000₹12,212.20
R 5,000₹30,530.50
R 10,000₹61,061.00
R 20,000₹1,22,122.00
On the ground

Spending rand in South Africa

Three things about South African money that help on the first day.

Five notes and six coins

Everyday cash is five notes, R10, R20, R50, R100 and R200, and six coins from 10c to R5. The smallest note, the R10, is about ₹61.06, and the largest, the R200, about ₹1,221.22, at our selling rate.

R10 ₹61.06 · R200 ₹1,221.22

Small change starts at 10c

The 1c, 2c and 5c coins are no longer minted, so the smallest coin in the current series is the 10c. The R1 coin is about ₹6.11 and the R5 about ₹30.53.

R1 ₹6.11 · R5 ₹30.53

Each note looks different

The Reserve Bank says its notes differ by dominant colour, animal theme and size, and that they are printed on cotton. The animal on the back is the quickest guide: rhinoceros on the R10, elephant on the R20, lion on the R50, Cape buffalo on the R100 and leopard on the R200.

Big Five on the back
RBI rules

Taking rand from India

The Reserve Bank of India's rules apply to every currency, and the rand is no exception.

CashUSD 3,000 a trip

Up to the equivalent of USD 3,000 per trip can leave India as rand notes. The rest goes on a forex card or as a bank transfer.

LRSUSD 250,000 a year

Every resident can send up to USD 250,000 abroad each financial year under the Liberalised Remittance Scheme, travel included.

TCSAbove ₹10 lakh

Tax collected at source applies once your foreign-exchange purchases in a financial year cross ₹10 lakh: nil when an education loan pays, 2% for self-funded education and medical treatment, and 20% for travel and everything else. It is credited against your income tax when you file.

The rand is on our booking form. Send your amount and the desk confirms your exact rate before anything is booked.

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Asked and answered

South African rand questions

The questions people type about the South African rand, answered in full, in three groups.

Still deciding? Ask the deskA person replies on WhatsApp, usually within minutes

The basics

8 questions
What is the currency of South Africa?

The currency of South Africa is the South African rand, code ZAR, divided into 100 cents. The South African Reserve Bank issues the notes and coins, and the rand is also legal tender in Lesotho, Eswatini and Namibia.

What is the full form of ZAR in currency?

ZAR stands for South African Rand, the ISO 4217 code for the currency of South Africa. That is the ZAR full form and the ZAR currency full form alike, and in a quote or a price list it always means the rand.

What is the South African rand symbol?

The South African rand symbol is R, written before the amount with no space, as in R50. It is also the South Africa currency symbol in the Reserve Bank's own wording: R10, R20, R50, R100 and R200 for the notes, and 20c for cents.

South Africa ki currency kya hai?

South Africa ki currency South African rand (ZAR) hai. Ek rand mein 100 cent hote hain, aur 5 Oct 2026 ko ek rand lagbhag ₹6.11 ka tha, hamare selling rate par. Rand ka symbol R hai, jo amount se pehle likhte hain.

What is the South Africa currency name?

The South Africa currency name is the South African rand, often shortened to the rand, and its code is ZAR. Searches such as South Africa rand, South African currency, South African money or ZAR currency all point to this same currency.

How many cents make one rand?

One rand is 100 cents. Cents are written with a c after the figure, as in 20c, and the smallest coin in the current series is the 10c, because the 1c, 2c and 5c coins are no longer minted.

Which countries use the rand?

South Africa, and its partners in the Common Monetary Area: Lesotho, Eswatini and Namibia. The rand is legal tender across the area, and the three also issue their own currencies at par with it, the loti, the lilangeni and the Namibian dollar.

Why is the rand called the rand?

The name is short for Witwatersrand, which means "white waters ridge", the gold ridge on which Johannesburg stands. The rand replaced the South African pound on 14 February 1961 and took its name from that ridge.

Value and history

7 questions
Who issues the South African rand?

The South African Reserve Bank, founded in 1921 and headquartered in Pretoria, issues the notes and coins. The notes are printed by the South African Bank Note Company, a subsidiary of the Reserve Bank.

When did South Africa start using the rand?

The rand was introduced on 14 February 1961, replacing the South African pound at 2 rand to 1 pound. The rand is a decimal currency, with 100 cents to the rand, and the coins now in use are the fourth decimal series, from 2023.

Which South African banknotes are in use?

Five notes: R10, R20, R50, R100 and R200, the upgraded Mandela banknotes announced on 3 May 2023 and on sale from 4 May 2023. Nelson Mandela is on the front of every note, and the back shows one of the Big Five: the rhinoceros on the R10, elephant on the R20, lion on the R50, Cape buffalo on the R100 and leopard on the R200.

What is on South African coins?

Six coins are in use, 10c, 20c, 50c, R1, R2 and R5, from the fourth decimal coin series of 2023. The backs show a Cape honey bee on the 10c, a bitter aloe on the 20c, a Knysna turaco on the 50c, a king protea on the R1, a springbok on the R2 and a southern right whale on the R5. Every coin also carries the National Coat of Arms and the year.

Are old South African rand notes still valid?

The notes to expect today are the upgraded Mandela banknotes on sale since 4 May 2023, in R10, R20, R50, R100 and R200. Which earlier notes remain legal tender is for the South African Reserve Bank to say, so check its banknotes page or ask a bank before you rely on an old note.

What is the Krugerrand?

The Krugerrand is a 1 oz gold coin launched in 1967, with the rand in its name. The rand itself is six years older, dating from 14 February 1961.

What is the India link to South Africa's currency?

The India link is people. The first indentured Indian labourers, 342 of them on the ship Truro, landed at Durban on 16 November 1860, and Mahatma Gandhi lived in South Africa from 1893 to 1914.

Buying from India

2 questions
How much South African currency can I take out of India?

Up to the equivalent of USD 3,000 per trip in currency notes. Anything above that goes on a forex card or as a bank transfer, all within the USD 250,000 a year Liberalised Remittance Scheme limit.

How do I get rand for a trip to South Africa?

Order them before you fly. Matrix Forex, an RBI-authorised Category-II dealer, has the rand on its booking form: send your amount through the booking bar at the top of this page and the desk confirms your exact rate before anything is booked. For the live rate on any amount, see the ZAR to INR converter.