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.

Venezuelan Bolívar

Venezuelan Bolívar

The bolívar soberano (sign: Bs.S. or Bs.; plural: bolívares soberanos; ISO 4217 code: VES) is the main currency of Venezuela since 20 August 2018. Since that date, it has been due to replace the bolívar fuerte (strong bolívar, sign: Bs.F., ISO 4217 code: VEF) after a transition period. The primary reason for replacement, at a rate of 1 Bs.S. to 100,000 Bs.F, was hyperinflation. On 1 January 2008, the bolívar fuerte had itself replaced, because of inflation, the original bolívar introduced in 1879 (sign: Bs.;; ISO 4217 code: VEB). It did so at a rate of 1 Bs.F. to 1000 Bs.

1 South African Rand to Venezuelan Bolívar exchange rates chart

1 ZAR to VEF exchange rates graph
1 ZAR to VEF 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.

1 ZAR to VEF exchange rates table

Exchange ZAR to VEF
1 South African Rand = 0.692 Venezuelan Bolívar
2 South African Rand = 1.384 Venezuelan Bolívar
5 South African Rand = 3.461 Venezuelan Bolívar
10 South African Rand = 6.922 Venezuelan Bolívar
Exchange South African Rand to Venezuelan Bolívar
1 South African Rand to Venezuelan Bolívar 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.

1 ZAR to VEF exchange rates news

Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Benefits as UK Industrial Orders Recover
Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Benefits as UK Industrial Orders Recover

An unexpectedly strong improvement in the CBI industrial orders index helped to shore up Pound Sterling (GBP), in spite of lingering political worries.

conditional neutral
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.

conditional negative
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.

conditional neutral
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

indicative positive
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.

indicative positive
Venezuela Concludes International Book Fair 2018 in Caracas

With more than 500 activities, 160 new books, and 642,822 visitors, this year's festival has been classed a great success.

subjunctive positive
Venezuela's inflation rate just hit 830,000% — and is likely to keep rising

A report published to Venezuela's parliament said the annual rate had almost doubled in the month since the latest report was published in October.

indicative neutral
Money Is Valuable For A Reason | News, Sports, Jobs - Post Journal

Most people don’t understand money, but it is simply something that people generally and widely use as a medium of exchange. The dollar and other national cur

imperative positive
Report: Venezuela Allowing Marxist Terrorists to Operate in Half the Nation
Report: Venezuela Allowing Marxist Terrorists to Operate in Half the Nation

The Venezuelan socialist regime is allowing Colombia's Marxist National Liberation Army (ELN) terrorists to operate in at least 12 states.

indicative negative

1 ZAR to VEF currency converter