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.

Chinese Yuan Renminbi

Chinese Yuan Renminbi

The renminbi (Ab.: RMB; simplified Chinese: 人民币; traditional Chinese: 人民幣; pinyin: rénmínbì; literally: "people's currency"; sign: 元; code: CNY) is the official currency of the People's Republic of China. The yuan (Chinese: 元; pinyin: yuán) is the basic unit of the renminbi, but is also used to refer to the Chinese currency generally, especially in international contexts where "Chinese yuan" is widely used to refer to the renminbi. The distinction between the terms renminbi and yuan is similar to that between sterling and pound, which respectively refer to the British currency and its primary unit. One yuan is subdivided into 10 jiao (Chinese: 角; pinyin: jiǎo), and a jiao in turn is subdivided into 10 fen (Chinese: 分; pinyin: fēn). The renminbi is issued by the People's Bank of China, the monetary authority of China.Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy, and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as 37.5% against its purchasing power parity. More recently, however, appreciation actions by the Chinese government, as well as quantitative easing measures taken by the American Federal Reserve and other major central banks, have caused the renminbi to be within as little as 8% of its equilibrium value by the second half of 2012. Since 2006, the renminbi exchange rate has been allowed to float in a narrow margin around a fixed base rate determined with reference to a basket of world currencies. The Chinese government has announced that it will gradually increase the flexibility of the exchange rate. As a result of the rapid internationalization of the renminbi, it became the world's 8th most traded currency in 2013, and 5th by 2015.On 1 October 2016, the RMB became the first emerging market currency to be included in the IMF's special drawing rights basket, the basket of currencies used by the IMF (reserve currency).

2 South African Rand to Chinese Yuan Renminbi exchange rates chart

2 ZAR to CNY exchange rates graph
2 ZAR to CNY 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.

2 ZAR to CNY exchange rates FAQs

What is 2 ZAR to CNY?

The meaning of 2 ZAR to CNY is to exchange 2 South African Rand to Chinese Yuan Renminbi 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 2 ZAR to CNY on the chart below.

Who can exchange 2 ZAR to CNY?

Anyone with 2 South African Rand can find a local bank or a bureau de change to convert into South African Rand. However, if neither ZAR nor CNY 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 2 ZAR to CNY?

Due to the nature of the forex market, the exchange rates for 2 ZAR to CNY 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 2 ZAR to CNY?

Most likely you are traveling and want to get some Chinese Yuan Renminbi cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 2 South African Rand to Chinese Yuan Renminbi. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 2 ZAR to CNY?

Usually you can find a local bank, post office or bureau de change to exchange 2 ZAR to CNY. 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 Chinese Yuan Renminbi 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 2 ZAR to CNY?

Use the tool we provided here to find the best exchange rates for 2 South African Rand to Chinese Yuan Renminbi. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 2 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!

2 ZAR to CNY exchange rates table

Exchange ZAR to CNY
2 South African Rand = 0.930 Chinese Yuan Renminbi
4 South African Rand = 1.860 Chinese Yuan Renminbi
10 South African Rand = 4.649 Chinese Yuan Renminbi
20 South African Rand = 9.298 Chinese Yuan Renminbi
Exchange South African Rand to Chinese Yuan Renminbi
2 South African Rand to Chinese Yuan Renminbi 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/CNY exchange rate at Bank of China in Shanghai

2 ZAR to CNY exchange rates at Bank of China in Shanghai
2 South African Rand = 0.857 Chinese Yuan Renminbi
Bank of China
Bank of China

Bank of China was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the country’s central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing China’s financial services sector, the Bank rose to a leading position in the Chinese financial industry and developed a good standing in the international financial community, despite...

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

2 ZAR to CNY exchange rates at Master Currency Foreign Exchange in Cape Town
2 South African Rand = 4.611 Chinese Yuan Renminbi
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/CNY exchange rate at Bidvest Bank in Johannesburg

2 ZAR to CNY exchange rates at Bidvest Bank in Johannesburg
2 South African Rand = 0.867 Chinese Yuan Renminbi
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/CNY exchange rate at Standard Bank in Johannesburg

2 ZAR to CNY exchange rates at Standard Bank in Johannesburg
2 South African Rand = 0.881 Chinese Yuan Renminbi
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...

2 ZAR to CNY news tweets

2 ZAR to CNY added 1 tweet
2019-03-19 07:26:57 UTC
#StateCapture Let's translate state capture. If 1 South African Rand = 1 second then :1 million Rands = 1.57 days 1… https://t.co/LMM0UMlQn8
2 ZAR to CNY added 1 tweet
2019-03-19 07:52:32 UTC
The Pound-to-South-African-Rand Rate in the Week Ahead: Established Uptrend Remains Intact https://t.co/uikapnruEK
2 ZAR to CNY added 1 tweet
2019-03-19 10:14:10 UTC
@Patience_Tsungi Zuid Afrikaanse Rand..( Afrikaans) for South African Rand
2 ZAR to CNY added 1 tweet
2019-03-19 10:51:16 UTC
South Africa’s rand weakened slightly early on Monday as rolling power cuts from the state-owned power utility weig… https://t.co/lW4WphT3V0
2 ZAR to CNY added 1 tweet
2019-03-19 11:00:44 UTC
RT @NewsCentralTV: South Africa’s rand weakened slightly early on Monday as rolling power cuts from the state-owned power utility weig… https://t.co/lW4WphT3V0
2 ZAR to CNY added 1 tweet
2019-03-18 16:47:43 UTC
@priyaakulkarni2 Why are they using #USA $100 bills in this video, instead of #Chinese Currency? Are these… https://t.co/r1FnSIrWtI
2 ZAR to CNY added 1 tweet
2019-03-18 18:35:24 UTC
EUR - Euro USD - US Dollar DNR - DINAR GBP - British Pound AUD - Australian Dollar CAD - Canadian Dollar AED - Emir… https://t.co/hOSvQURIGK
2 ZAR to CNY added 1 tweet
2019-03-15 09:21:36 UTC
Ghana's economy also has ties with the Chinese yuan (renminbi) along with Ghana's vast gold reserves. Real estate i… https://t.co/NazonMJJc4
2 ZAR to CNY added 1 tweet
2019-03-12 04:25:40 UTC
It is not just developed currencies that the Thai Baht has outpaced in the last 10 years. The $BHT is up almost 70… https://t.co/uxgHouXnUg
2 ZAR to CNY added 1 tweet
2019-02-26 08:45:01 UTC
#ForexNews 📜 "The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 179 basis points… https://t.co/gF55p3SvNs

2 ZAR to CNY news media

2 ZAR to CNY added 1 medium
2019-03-15T14:52:43+01:00
South African 2 rand from 1980 and 10 rand from 2016
2 ZAR to CNY added 1 medium
2019-03-15T14:53:35+01:00
South African 20 and 50 rand from 2018, “Nelson Mandela Centenary" Commemorative banknotes
2 ZAR to CNY added 1 medium
2019-03-14T13:25:32+01:00
24 H Auction Bid starts @ $200 $50 increments Tag the last person you outbid. Have to be PayPal ready. Auction ends 10:00 am EST . . . . . . #moneyart #currencyart #money #paperbills #madiba #nelsonmandela #mandela #southafrica #aouthafricanmoney #southafricanrand #artauction
2 ZAR to CNY added 1 medium
2019-03-14T23:07:53+01:00
Пам'ятаєте з моїх сторіз? Дехто думав, що це памятник якомусь азіату, а насправді це памятник Нельсону Манделі перед будівлею генерального консульства ПАР у Мілані. Насправді у багатьох африканців очі трохи вузькі. Особливо у нащадків кочових племен, які пересувалися пустелями, бо яскравого сонця на їх долю в падало хоч відбавляй. Мандела, або Мадіба, як його поважно називають в ПАР (за назвою його клану), звісно легендарна особистість на його батьківщині. Його лице на усіх банкнотах місцевої валюти - рандів. А минулого року з нагоди ста років з дня його народження, до обігу випустили нову банкноту в 200 ранд (це найдорожча банкнота, еквівалент приблизно 13 євро), де Мандела тепер і на зворотній стороні (замість звичайного там леопарда). . Про велику п'ятірку розкажу вам трохи згодом 😊 #мандрівки #південнаафрика
2 ZAR to CNY added 1 medium
2019-03-07T08:50:18+01:00
With banks going fully digital, I’ve had a change of perceptive regarding small change. I now feel absolutely nothing to stand and count the exact amount when paying for grocery’s. Another classic example of sectors not working together to serve the end user. #money #smallchange #longques #digital #digital banking #Zar #southafricanrand #southafrica #picknpay
2 ZAR to CNY added 1 medium
2018-04-20T15:58:03+02:00
Still well kept by me, remains of travelling in 2014...and will be used soon, can’t wait! It’s not much about CNY 299 and 8 cents but not bad either for buying some snacks or souvenirs... 😅😜🤩🇨🇳 #cash #money #chinesecurrency #chineseyuan #cny #chineseyuanrenminbi #traveltoinnermongolia #innermongolia #northchina #china #eastasia #traveller #travelling #instatravel #igtravel #travelphoto #traveltheworld
2 ZAR to CNY added 1 medium
2015-03-21T03:56:58+01:00
GREAT NEWS!! For my International Dolls ✌️We added a currency converter for 5 International Countries. Rates convert to USD but at least you can see pricing you are used to!💃Try clicking on our drop down! #alwaysworking #100percenthollywood #shop100percenthollywood #shop100percenthollywoodcom #eyeware #eyewear #custom #glasses #swarovski #sunglasses #frames #newsunglasses #style #instastyle #instafashion #instahollywood #trendy #hollywood #BritishPounds #Euro #AustralianDollar #CanadianDollar #ChineseYuanRenminbi #JapaneseYen #GBP #EUR #AUD #CNY #JPY#CAD
2 ZAR to CNY added 1 medium
2015-06-11T12:39:54+02:00
Shut up and take my money! haha lol! #mycollection #moreplease #philippinepeso #USdollar #europeaneuro #singaporedollar #malysianringgit #indonesianrupiah #saudiriyal #iranianrial #vietnamesedong #thaibaht #brazilianreal #slovenianeuro #polishzloty #mexicanpeso #swissfranc #norwegiankrone #turkishlira #bosniaandherzegovinaconvertiblemark #australiandollar #britishpound #romanianleu #canadiandollar #chineseyuanrenminbi #peruviannuevosol #maldivianrufiyaa #zhongguorenminyinhang #macanesepataca #kuwaitidinar
2 ZAR to CNY added 1 medium
2015-10-14T14:54:38+02:00
#banknote#papercurrency#currencynote#100yuan#onehundredyuan#chinacurrency#chinayuan#chinamoney#note_senyeow#senyeow2015
2 ZAR to CNY added 1 medium
2015-10-14T15:03:27+02:00
1

2 ZAR to CNY 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 ...
Learn how CNH & CNY relate to each other. And what about the HKD! A quick primer on the Chinese currency system!
Looking through yuan for good serial numbers and errors. ▽ More links below ▽ This is an affiliate link TO BUY CHINESE ...
The Chinese yuan has overtaken the euro to become the second most used currency in the global market place. Last year its ...
China is home to the world's second largest economy. But as time goes by the question remains: what will it take for the Yuan to ...

2 ZAR to CNY 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.

10 days 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.

23 days 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.

about 1 month conditional positive
Yi vows never to use renminbi for leverage in trade - Taipei Times

China has gone to great lengths to support its currency and would not devalue the yuan to spur exports or combat trade frictions, People’s Bank of China (PBOC) Governor Yi Gang (易綱) said yesterday.

10 days conditional positive

2 ZAR to CNY currency converter

2 ZAR to CNY exchange rates

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