The South african Rand (R)The rand is the official currency of South Africa.
It is subdivided into 100 cents.
The South African rand is also legal tender in the Common Monetary Area member states of Namibia, Lesotho and Eswatini.
Although these countries each have their own national currency, all three have been pegged with the rand at par since their introductions, and the rand is still widely accepted as a substitute for them.
Note: The information in this site is for general guidance only. Users of this site are advised to take professional advice before taking practical tax decisions.
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