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.

IMF Special Drawing Rights

IMF Special Drawing Rights

Special drawing rights (ISO 4217 currency code XDR, also abbreviated SDR) are supplementary foreign-exchange reserve assets defined and maintained by the International Monetary Fund (IMF). The XDR is the unit of account for the IMF, and is not a currency per se. XDRs instead represent a claim to currency held by IMF member countries for which they may be exchanged. The XDR was created in 1969 to supplement a shortfall of preferred foreign-exchange reserve assets, namely gold and the U.S. dollar.XDRs are allocated to countries by the IMF. Private parties do not hold or use them. The amount of XDRs in existence was around XDR 21.4 billion in August 2009. During the global financial crisis of 2009, an additional XDR 182.6 billion were allocated to "provide liquidity to the global economic system and supplement member countries’ official reserves". By October 2014, the amount of XDRs in existence was XDR 204 billion.The value of the XDR is based on a basket of key international currencies reviewed by IMF every five years. The weights assigned to each currency in the XDR basket are adjusted to take into account their current prominence in terms of international trade and national foreign exchange reserves. In the review conducted in November 2015, the IMF decided that the Renminbi (Chinese yuan) would be added to the basket effective October 1, 2016. From that date, the XDR basket now consists of the following five currencies: U.S. dollar 41.73%, Euro 30.93%, Renminbi (Chinese yuan) 10.92%, Japanese yen 8.33%, British pound 8.09%.

19 South African Rand to IMF Special Drawing Rights exchange rates chart

19 ZAR to XDR exchange rates graph
19 ZAR to XDR exchange 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.

19 ZAR to XDR exchange rates FAQs

What is 19 ZAR to XDR?

The meaning of 19 ZAR to XDR is to exchange 19 South African Rand to IMF Special Drawing Rights by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. Forex.gg is offering inter-market exchange rates to convert 19 ZAR to XDR on the chart below.

Who can exchange 19 ZAR to XDR?

Anyone with 19 South African Rand can find a local bank or a bureau de change to convert into South African Rand. However, if neither ZAR nor XDR is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why Forex.gg is offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 19 ZAR to XDR?

Due to the nature of the forex market, the exchange rates for 19 ZAR to XDR is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 19 ZAR to XDR?

Most likely you are traveling and want to get some IMF Special Drawing Rights cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 19 South African Rand to IMF Special Drawing Rights. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 19 ZAR to XDR?

Usually you can find a local bank, post office or bureau de change to exchange 19 ZAR to XDR. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why Forex.gg is doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of IMF Special Drawing Rights you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to exchange 19 ZAR to XDR?

Use the tool we provided here to find the best exchange rates for 19 South African Rand to IMF Special Drawing Rights. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 19 ZAR in hand and exchange the cash you want in store or online. It's just that simple with no fees or commissions from Forex.gg!

19 ZAR to XDR exchange rates table

Exchange ZAR to XDR
19 South African Rand = 0.975 IMF Special Drawing Rights
38 South African Rand = 1.950 IMF Special Drawing Rights
95 South African Rand = 4.876 IMF Special Drawing Rights
190 South African Rand = 9.752 IMF Special Drawing Rights
Exchange South African Rand to IMF Special Drawing Rights
19 South African Rand to IMF Special Drawing Rights 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.

19 ZAR to XDR news tweets

19 ZAR to XDR added 1 tweet
2019-04-20 04:06:41 UTC
Strive Masiyiwa Insists Mnangagwa Must Just Adopt the South African Rand Currency https://t.co/mTic5rMDIO via… https://t.co/6950CKNf5n
19 ZAR to XDR added 1 tweet
2019-04-20 04:20:36 UTC
RT @ZimEye: Strive Masiyiwa Insists Mnangagwa Must Just Adopt the South African Rand Currency https://t.co/mTic5rMDIO via… https://t.co/6950CKNf5n
19 ZAR to XDR added 1 tweet
2019-04-20 04:55:19 UTC
After the bread price almost doubled in Zimbabwe, business tycoon - Strive Masiyiwa of Liquid Telecom, Kwese and Ec… https://t.co/iuF1BAJdt1
19 ZAR to XDR added 1 tweet
2019-04-20 05:14:05 UTC
RT @zimlive: Price all goods in South African rand, Strive Masiyiwa tells Zimbabwe 'The cost structure – labour and goods – in… https://t.co/qRXY1l8Qab
19 ZAR to XDR added 1 tweet
2019-04-20 05:19:05 UTC
RT @ZimEye: Strive Masiyiwa Insists Mnangagwa Must Just Adopt the South African Rand Currency https://t.co/mTic5rMDIO via… https://t.co/6950CKNf5n
19 ZAR to XDR added 1 tweet
2019-04-17 20:21:38 UTC
RT @Malinka1102: #IMF Executives Fail to Recognize #Guaido as #Venezuela's ‘Interim President’ Same IMF which suspended access of V… https://t.co/lctMQycFXx
19 ZAR to XDR added 1 tweet
2019-04-19 02:55:16 UTC
Government agency? Have you ever heard about Special drawing rights (currency code $XDR )? The $SDR was created in… https://t.co/nq5WCTXUaX
19 ZAR to XDR added 1 tweet
2019-04-19 03:12:31 UTC
RT @c_ryptoengineer: Government agency? Have you ever heard about Special drawing rights (currency code $XDR )? The $SDR was created in… https://t.co/nq5WCTXUaX
19 ZAR to XDR added 1 tweet
2019-04-19 06:08:21 UTC
RT @c_ryptoengineer: Government agency? Have you ever heard about Special drawing rights (currency code $XDR )? The $SDR was created in… https://t.co/nq5WCTXUaX
19 ZAR to XDR added 1 tweet
2019-04-18 05:04:16 UTC
RT @Malinka1102: #IMF Executives Fail to Recognize #Guaido as #Venezuela's ‘Interim President’ Same IMF which suspended access of V… https://t.co/lctMQycFXx

19 ZAR to XDR news media

19 ZAR to XDR added 1 medium
2019-04-12T18:08:57+02:00
New 5 Rand coin . . #photography #canon #macro #macrophotography #coin #rand #money #southafricanrand #mandela #nelsonmandela #copper #lead #2018 #southafrica #southcoast #southcoastphotography
19 ZAR to XDR added 1 medium
2019-04-11T03:00:53+02:00
It’s starting to feel real!!! South African Rands! #TimmRodParty @claireflowers_ @_mattrod #destinationweddingsouthafrica #africansafari #bucketlist #southafrica #southafricanrand #thecolorofmoney #africaiscalling #africaiscallingimustgo
19 ZAR to XDR added 1 medium
2019-04-09T17:28:29+02:00
South african coins for swap #coinswap #southafricanrand #southafricancoins #oldcoin #oldcoins #coincollector #numismatist #numismatica
19 ZAR to XDR added 1 medium
2019-04-08T10:23:15+02:00
#currency #zar #vndVSzar #dongvszar #comparison #compare #vietnamholiday #southafrica #saffasinvietnam #southafricansinnhatrang #saffasinnhatrang #southafricanrand #southafricanrandvsvietnamesedong #myvietnameseholiday #vietnamdong #vietnamdongvssouthafricanrand #vietnam #rand #april2019 #april #southafrican #saffa
19 ZAR to XDR added 1 medium
2019-03-30T16:20:47+01:00
People are earning millions each week and so can you... With a minimum deposit of #300 kick-start your way to financial freedom,,, escape the ordinary and become unique..... #bitcoin #bitcoinmining #returns #riches#youngandrich #wealthy #escape9-5#money #investor #investorlife #winner #cryptocurrency #USA#usdollars #Canada #singaporedollar #dirham #euro #luxurylifestyle #japaneseyen💴 #swissfranc #southafricanrand

19 ZAR to XDR news videos

It's touch and go at the moment. South African growth figures have been on a see saw this year. First quarter growth figures ...
One year for demonetization.. South Africa will use Banned 500 and 1000 Rs note! Yes. Still thinking? Watch this video to get the ...
Josh Sigurdson talks with author and economic analyst John Sneisen about the recent news of the creation of a sovereign wealth ...
LOOK THROUGH MY BOOKS! http://books.themoneygps.com SUPPORT MY WORK: https://www.patreon.com/themoneygps ...
Rainbow nation? Antiapartheid? White farmers fear to have their land confiscated without compensation. [Due to a high volume of ...
China's yuan, or renminbi as it's also known, could soon be the latest currency to join the IMF's elite basket of currencies making ...
UPDATES & LINKS below... Effective October 1, 2016 the RMB is determined to be a freely usable currency and will be included ...
Mates ~ This video would let you know about imminent meeting of IMF ( Dec 2015 ) and also decision by possible inclusion of ...
A a simple, concise explanation on Special Drawing Rights (SDR or XDR Exchange) by Jim Rickards, lawyer and financial ...
Ripple XRP / IMF Coming Together / Special Drawing Rights Ripple's Brad Garlinghouse and IMF's Ross Leckow : The future of ...

19 ZAR to XDR news texts

Major currency up

Uniindia: Mumbai, Mar 9 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

about 1 month indicative neutral
Sasol results boosted by oil price, rand and victory in tax dispute with Sars

The Money Show’s Bruce Whitfield interviews Bongani Nqwababa, joint-CEO at Sasol.

about 2 months indicative positive
Precious metal refiners face new LBMA environmental standard

The London Bullion Market Association (LBMA) has launched a new standard that addresses environmental as well as sustainability issues in gold and silver markets. To do that in a credible way, LBMA has been actively engaging with mining companies and producer nations.

2 months conditional positive
Armenia’s external reserves grew by $80 million in February to $2.074.27 billion
Armenia’s external reserves grew by $80 million in February to $2.074.27 billion

Armenia’s gross external reserves at the end of February 2019 amounted to $2.074.27 billion, having increased by $80 million or 4% from the previous month, the Central Bank said | ArmBanks.am

about 1 month conditional neutral
OUTLOOK 2019 Iran

The Islamic Republic’s fate is wrapped up in that of Donald Trump. To throttle Iran’s economy he’ll need to stay able to project his power.

4 months conditional neutral

19 ZAR to XDR currency converter

19 ZAR to XDR exchange rates

100 EUR to BRL
Praia Grande, Federative Republic of Brazil.
100 USD to SEK
Chifeng, People’s Republic of China.
100 USD to CNY
Chifeng, People’s Republic of China.
100 USD to CNY
Chifeng, People’s Republic of China.
100 USD to TWD
Chifeng, People’s Republic of China.
100 USD to CNY
Chifeng, People’s Republic of China.
100 USD to DKK
Chifeng, People’s Republic of China.
100 USD to CNY
Chifeng, People’s Republic of China.
100 USD to CNY
Chifeng, People’s Republic of China.
100 USD to CLP
Chifeng, People’s Republic of China.
100 USD to CNY
Chifeng, People’s Republic of China.
100 USD to COP
Chifeng, People’s Republic of China.
100 USD to CNY
Chifeng, People’s Republic of China.
420 ALL to CAD
Vernon, Canada.
100 AUD to NZD
An Nāşirīyah, Republic of Iraq.
10 RSD to TRY
Akalan, Republic of Turkey.
10 RSD to TRY
Akalan, Republic of Turkey.
100 SRD to EUR
Muscat, Sultanate of Oman.
100 THB to CNY
Guangzhou, People’s Republic of China.