South African Rand

South African Rand

The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.

Euro

Euro

The euro (sign: €; code: EUR) is the official currency of the European Union and its territories. Currently, 19 of 28 member states use the euro; this group of states is known as the eurozone or euro area. It is the second largest and second most traded currency in the foreign exchange market after the United States dollar. The euro is subdivided into 100 cents. The currency is also officially used by the institutions of the European Union and its territories, four other European countries, as well as unilaterally by two others, and is consequently used daily by some 343 million Europeans as of 2018. Outside Europe, a number of overseas territories of EU members also use the euro as their currency. Additionally, 290 million people worldwide as of 2018 use currencies pegged to the euro. The euro is the second largest reserve currency as well as the second most traded currency in the world after the United States dollar. As of August 2018, with more than €1.2 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in circulation in the world, having surpassed the U.S. dollar.The name euro was officially adopted on 16 December 1995 in Madrid. The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit (ECU) at a ratio of 1:1 (US$1.1743). Physical euro coins and banknotes entered into circulation on 1 January 2002, making it the day-to-day operating currency of its original members, and by May 2002 it had completely replaced the former currencies. While the euro dropped subsequently to US$0.83 within two years (26 October 2000), it has traded above the U.S. dollar since the end of 2002, peaking at US$1.60 on 18 July 2008. In late 2009, the euro became immersed in the European sovereign-debt crisis, which led to the creation of the European Financial Stability Facility as well as other reforms aimed at stabilising and strengthing the currency.

Johannesburg overview

Johannesburg (/dʒoʊˈhænɪsbɜːrɡ/; Afrikaans: [jʊəˈɦanəsbœrχ]; also known as Jozi, Joburg, and eGoli)[1] is the largest city in South Africa and one of the 50 largest urban areas in the world.[9] It is the provincial capital and largest city of Gauteng, which is the wealthiest province in South Africa.[10] While Johannesburg is not one of South Africa's three capital cities, it is the seat of the Constitutional Court. The city is located in the mineral-rich Witwatersrand range of hills and is the centre of large-scale gold and diamond trade.[citation needed]

The metropolis is an alpha global city as listed by the Globalization and World Cities Research Network. In 2011, the population of the city of Johannesburg was 4,434,827, making it the most populous city in South Africa.[11] In the same year, the population of Johannesburg's urban agglomeration was put at 7,860,781.[5] The land area of the municipal city (1,645 km2 (635 sq mi)) is large in comparison with those of other major cities, resulting in a moderate population density of 2,364/km2 (6,120/sq mi).

The city was established in 1886 following the discovery of gold on what had been a farm. The city is commonly interpreted as the modern day El Dorado[by whom?] due to the extremely large gold deposit found along the Witwatersrand.[12] The name is attributed to one or all of three men involved in the establishment of the city. In ten years, the population grew to 100,000 inhabitants.

A separate city from the late 1970s until 1994, Soweto is now part of Johannesburg. Originally an acronym for "South-Western Townships", Soweto originated as a collection of settlements on the outskirts of Johannesburg, populated mostly by native African workers from the gold mining industry. Soweto, although eventually incorporated into Johannesburg, had been separated as a residential area for Blacks, who were not permitted to live in Johannesburg proper. Lenasia is predominantly populated by English-speaking South Africans of Indian descent. These areas were designated as non-white areas in accordance with the segregationist policies of the South African government known as Apartheid.[citation needed]

Best 1 ZAR to EUR exchange rate in Johannesburg - 1 South African Rand to Euro

Best ZAR/EUR rate at Bidvest Bank in Johannesburg

1 ZAR to EUR exchange rates at Bidvest Bank in Johannesburg
1 South African Rand = 0.061 Euro
Exchange ZAR at Bidvest Bank to EUR in Johannesburg
1 South African Rand = 0.061 Euro
2 South African Rand = 0.122 Euro
5 South African Rand = 0.305 Euro
10 South African Rand = 0.611 Euro
Exchange South African Rand at Bidvest Bank to Euro in Johannesburg
Bidvest Bank
Bidvest Bank

We’re a leading second tier bank and a subsidiary of The Bidvest Group Limited. Our strategy includes diversifying a historically forex- and fleet-focused customer base to one of business and personal banking services. This diversification strategy, combined with a prudent lending philosophy resulted in the recent upgrade, by Moody’s Financial Services, of Bidvest Bank’s long-term national scale rating from A1 to Aa2, an increase of two notches. About Us Bidvest Bank is an entrepreneurial...

Best ZAR/EUR rate at Standard Bank in Johannesburg

1 ZAR to EUR exchange rates at Standard Bank in Johannesburg
1 South African Rand = 0.061 Euro
Exchange ZAR at Standard Bank to EUR in Johannesburg
1 South African Rand = 0.061 Euro
2 South African Rand = 0.123 Euro
5 South African Rand = 0.307 Euro
10 South African Rand = 0.615 Euro
Exchange South African Rand at Standard Bank to Euro in Johannesburg
Standard Bank
Standard Bank

The bank now known as Standard Bank was formed in 1862 as a South African subsidiary of the British overseas bank Standard Bank, under the name The Standard Bank of South Africa. The bank's origins can be traced to 1862, when a group of businessmen led by the prominent right-wing South African politician John Paterson[3][4] formed a bank in London, initially under the name Standard Bank of British South Africa. The bank started operations in 1863 in Port Elizabeth, South Africa, and soon...

Best ZAR/EUR rate at American Express Forex in Johannesburg

1 ZAR to EUR exchange rates at American Express Forex in Johannesburg
1 South African Rand = 0.061 Euro
Exchange ZAR at American Express Forex to EUR in Johannesburg
1 South African Rand = 0.061 Euro
2 South African Rand = 0.121 Euro
5 South African Rand = 0.304 Euro
10 South African Rand = 0.607 Euro
Exchange South African Rand at American Express Forex to Euro in Johannesburg
American Express Forex
American Express Forex

American Express Foreign Exchange, operates under license by Tourvest Financial Services (Pty) Ltd. Tourvest is Southern Africa’s number one tourism group, offering a range of products and services that encompass the needs of all visitors to Southern Africa. American Express foreign exchange South Africa is operated under franchise from American Express globally. We have 3 branches in Botswana and operates in a Joint Venture with Bank Windhoek in Namibia. We are the market leaders in foreign...

1 ZAR to EUR exchange rates news

South Africa: West Rand Municipality Vehicles Locked Inside Yard As Employees Refuse to Work

Those who find themselves in emergency situations on the West Rand could be in more trouble than they think because protesting municipality workers are preventing critical services from being carried out.

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South African Rand Exchange Rate: Weak ZAR Outlook For Q4 2018 & Q1 2019 As S.A Growth Falters

Despite weakening against a basket of other currencies in the first half of 2018, the South African Rand has steadily rebounded in the foreign exchange markets since the start of September.

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Johannesburg Weather: Severe thunderstorms observed over the West Rand
Johannesburg Weather: Severe thunderstorms observed over the West Rand

Lightning and thunderstorms are observed over large parts of Roodepoort.Â

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Dollar to rand: Six major factors that determine the exchange rate
Dollar to rand: Six major factors that determine the exchange rate

With the dollar to rand exchange rate on a never-ending rollercoaster, we've decided to see what exactly makes our markets tick.

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South African rand firms on U.S.-China trade optimism

JOHANNESBURG, Nov 13- South Africa's rand firmed against the dollar in early trade on Tuesday, in line with a rise in stocks, as hopes of a.

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Macron’s 'Euro-army' is an idea whose time has come

Alexander G. Markovsky says NATO has exhausted its usefulness and lost its purpose.

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Pound LIVE: GBP Sterling PLUMMETS against euro as Raab, McVey, Vara, QUIT over Brexit deal

THE pound has plummeted against the euro this morning as backlash from Brexit began to erupt, with Brexit Secretary Dominic Raab, Work and Pensions Secretary Esther McVey and Northern Ireland minister Shailesh Vara announcing their resignations.

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GBP/USD: Cable Chaotic on Brexit, Euro Stable Despite Italy

Volatility continues to show in the British Pound around Brexit, and this morning has brought a 200-pip sell-off to GBP/USD. Meanwhile the situation around

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Pound Sterling Euro Exchange Rate LIVE: GBP/EUR Firms As UK Wage Growth Strikes 10-Year High

Sterling strengthens against the Euro as UK wage growth rises

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Johannesburg news

Johannesburg Weather: Severe thunderstorms observed over the West Rand
Johannesburg Weather: Severe thunderstorms observed over the West Rand

Lightning and thunderstorms are observed over large parts of Roodepoort.Â

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Mining conflicts multiply, as critics of “extractivism” gather in Johannesburg

The World Social Forum's “Thematic Forum on Mining and Extractivism” convenes from 12-15 November 2018 in Johannesburg, South Africa, just after the (...)

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A view of Johannesburg through lenses from a different era

Johannesburg Then and Now is an important book about what ought to be appreciated and "saved".

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Mashaba gets the thumbs down from Twitter after citizen's arrest

Some have questioned which by-laws were broken.

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DISCOP Johannesburg 2018: What not to miss
DISCOP Johannesburg 2018: What not to miss

Taking place from 14 to 16 November, here are some inside tips for getting the best out of the market

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Survey finds that quality of life is improving in Gauteng
Survey finds that quality of life is improving in Gauteng

Despite challenging economic conditions, the overall quality of life (QoL) in Gauteng province continues to improve.

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Gauteng weather: Johannesburg residents warned to use water sparingly
Gauteng weather: Johannesburg residents warned to use water sparingly

Level 1 water restrictions are now in place.

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OR Tambo airport defends barring boy’s toy snake from flight

OR Tambo International Airport has defended stopping a five-year-old boy from boarding a flight with a stuffed toy snake as his hand luggage over the weekend in Johannesburg.

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1 ZAR to EUR currency converter in Johannesburg