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.

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

10 South African Rand to Australian Dollar exchange rates chart

10 ZAR to AUD exchange rates graph
10 ZAR to AUD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

10 ZAR to AUD exchange rates table

Exchange ZAR to AUD
10 South African Rand = 1.012 Australian Dollar
20 South African Rand = 2.025 Australian Dollar
50 South African Rand = 5.062 Australian Dollar
100 South African Rand = 10.124 Australian Dollar
Exchange South African Rand to Australian Dollar
10 South African Rand to Australian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best ZAR/AUD rate at United Currency Exchange in Melbourne

10 ZAR to AUD exchange rates at United Currency Exchange in Melbourne
10 South African Rand = 0.972 Australian Dollar
United Currency Exchange
United Currency Exchange

United Currency Exchange was founded in 2006 and firstly established in Victoria, Australia. The company operates specifically as a foreign currency exchange dealer servicing international tourists and budget travellers. As the business operates in financial services industry, United Currency Exchange is committed to deliver excellent customer services as well as professionalism throughout its services. We buy and sell foreign currencies at very competitive exchange rates with no commissions,...

Best ZAR/AUD rate at Wexchange in Melbourne

10 ZAR to AUD exchange rates at Wexchange in Melbourne
10 South African Rand = 0.919 Australian Dollar
Wexchange
Wexchange

The WeXchange service is provided by WeXchange Pty Ltd ABN 52 155 326 846, under AFSL 411932 & AR 472473. We have four locations across Australia equipped with state-of-theart automatic cash counters, and an online store to ensure we are meeting your needs wherever you are, twentyfour hours a day and seven days a week. We welcome all enquiries so contact our friendly service team online or pop in-store today. WeXchange is a foreign exchange service provider that is committed to providing...

Best ZAR/AUD rate at Tower in Cape Town

10 ZAR to AUD exchange rates at Tower in Cape Town
10 South African Rand = 112.994 Australian Dollar
Tower
Tower

Core competency in foreign exchange Tower is a Bureau de Change that provides foreign currency services to the travel and leisure industry and the banking sector - from individuals to corporate clients. The best rate independence can find Being independent enables us to pursue and locate the best available rates for our clients - we are more than competitive on all our currencies. Expert Personnel Our carefully selected personnel have extensive training and expertise in foreign exchange, and...

Best ZAR/AUD rate at Master Currency Foreign Exchange in Cape Town

10 ZAR to AUD exchange rates at Master Currency Foreign Exchange in Cape Town
10 South African Rand = 101.420 Australian Dollar
Master Currency Foreign Exchange
Master Currency Foreign Exchange

Master Currency is the preferred foreign exchange solution provider for thousands of business and leisure travellers. Our foreign exchange bureaus are conveniently situated in major metropolitan centres across South Africa, with a strong presence at international airports. Our products and services include: South Africa’s widest range of World Currency Cards (preloaded with destination currency), foreign bank notes, Western Union money transfers, drafts and telegraphic transfers. Master...

Best ZAR/AUD rate at Standard Bank in Johannesburg

10 ZAR to AUD exchange rates at Standard Bank in Johannesburg
10 South African Rand = 0.957 Australian Dollar
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/AUD rate at Bidvest Bank in Johannesburg

10 ZAR to AUD exchange rates at Bidvest Bank in Johannesburg
10 South African Rand = 0.986 Australian Dollar
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...

10 ZAR to AUD exchange rates news

Rand gains ahead of GDP data

The rand moved in tandem with other emerging markets which have been buoyed by thaw in tensions between the world’s top two economies as presidents Donald Trump and Xi Jinping struck a deal at the G20 summit over the weekend in Argentina.

about 2 months conditional positive
South Africa's Rand Falls to 2-Year Low As Turkey Rout Spreads

Magnitude of rand's slide came after three days of heavy losses and caught South African Reserve Bank by surprise, but deputy governor at bank told Reuters that regulator was 'nowhere near' intervening to support currency

about 2 months conditional positive
Dollar gains, but outlook suggests weak trend

The dollar rose against the euro on Friday, boosted by technical factors after the single currency hit key resistance levels, even as the greenback's outlook remained bleak amid cautious signals from the Federal Reserve about further rate hikes.

10 days indicative negative
Key indicators from the Australian economy in 2018

There is little doubt that 2018 was a year of ups and downs in many sectors as worldwide volatility attempted to undermine what could otherwise have been a year of gains in certain areas.

21 days conditional neutral
Vital Signs: 35 extraordinary years. What the float of Australian dollar bought us

Floating the dollar 35 years ago was a leap into the unknown. Here's how it has served us well.

about 2 months conditional neutral
The behavior of the Australian dollar is a contradiction
The behavior of the Australian dollar is a contradiction

On the one hand the Australian market is making new 10 year highs, on the other, the Australian dollar has broken a long term uptrend and is rapidly moving towards 12-month, and potentially, two-year lows.

8 months indicative neutral

10 ZAR to AUD currency converter