What is the currency of South Africa and its exchange rate?
The official currency of South Africa is the South African rand (ZAR). Exchange rates fluctuate constantly: expect approximately 18 to 22 rand per 1 euro depending on the period.
The South African rand, national currency
South Africa uses the South African rand, whose international code is ZAR (South African Rand). This currency is subdivided into 100 cents and also circulates in Lesotho, Eswatini and Namibia.
Exchange rate and evolution
The rand is a floating currency whose rate varies daily against the euro and the dollar. Indicative range: between 18 and 22 rand for 1 euro, depending on global and local economic conditions.
- Favorable exchange: European currencies generally have good purchasing power in South Africa
- Verification: check real-time rates before your departure on financial or banking websites
Advice from our local agency
Avoid exchanging money at the airport (unfavorable rates). Prefer currency exchange offices in the city or withdraw directly from ATMs with your international bank card.