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.

Gibraltar Pound

Gibraltar Pound

The Gibraltar pound (currency sign: £; banking code: GIP) is the currency of Gibraltar. It is pegged to – and exchangeable with – the British pound sterling at par value. Gibraltar pound coins are minted notes printed by the Government of Gibraltar.

18 South African Rand to Gibraltar Pound exchange rates chart

18 ZAR to GIP exchange rates graph
18 ZAR to GIP 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.

18 ZAR to GIP exchange rates table

Exchange ZAR to GIP
18 South African Rand = 1.010 Gibraltar Pound
36 South African Rand = 2.020 Gibraltar Pound
90 South African Rand = 5.050 Gibraltar Pound
180 South African Rand = 10.100 Gibraltar Pound
Exchange South African Rand to Gibraltar Pound
18 South African Rand to Gibraltar Pound 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.

18 ZAR to GIP 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
Brexit vote: Three possible scenarios after the vote

On 15. In January it's come to the final Brexit vote. There is an orderly Brexit or a mess? The are three possible scenarios. On the 29. March is finally

6 days conditional negative

18 ZAR to GIP currency converter