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 = 0.988 Chinese Yuan Renminbi
4 South African Rand = 1.977 Chinese Yuan Renminbi
10 South African Rand = 4.942 Chinese Yuan Renminbi
20 South African Rand = 9.885 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 = 0.913 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 = 4.318 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 = 0.926 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 = 0.946 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
2019-07-15 13:56:46 UTC
RT @beincrypto: “The British pound, United States dollar, South African rand, Botswana pula and any other foreign currency whatsoev… https://t.co/iDYlS3g9EI
2 ZAR to CNY added 1 tweet
2019-07-15 21:25:52 UTC
RT @von_Bismack: Arsenal trying to keep up with Man City, Liverpool , Spurs &Chelsea in the transfer market with 45 million South Af… https://t.co/02OokEbk3I
2 ZAR to CNY added 1 tweet
2019-07-15 18:13:28 UTC
@morolong_tholo @Jobe_Brown Why are you defending this criminal. He allowed Guptas to leave SA with billions of Sou… https://t.co/hbqC2UICXr
2 ZAR to CNY added 1 tweet
2019-07-15 18:03:07 UTC
In our decolonial discourse may we reserve a moment to consider decolonising the ZAR notion (Zuid-Afrikaanse Republ… https://t.co/bWoYhvomaq
2 ZAR to CNY added 1 tweet
2019-07-15 16:57:47 UTC
So when they say "investors confidence" and Pravin being the most trusted by Markets they are talking about Rupert,… https://t.co/qIFLE45GKm
2 ZAR to CNY added 1 tweet
2019-07-15 20:38:49 UTC
RT @HashEconomy: Similarly, the transactions in Chinese Yuan were for Renminbi- denominated Letters of Credit. Mr. Okorafor also rei… https://t.co/bn3BpfUjZE
2 ZAR to CNY added 1 tweet
2019-07-15 13:06:53 UTC
Similarly, the transactions in Chinese Yuan were for Renminbi- denominated Letters of Credit. Mr. Okorafor also rei… https://t.co/bn3BpfUjZE
2 ZAR to CNY added 1 tweet
2019-07-13 16:44:59 UTC
Philippine Stocks Should Reach 10,000 by 2021, Says ATR’s Tarrobago --- THE CHINESE YUAN (Renminbi) will be the OFF… https://t.co/NflN8q1yAS
2 ZAR to CNY added 1 tweet
2019-07-12 19:00:00 UTC
Photo taken on July 9th shows a clerk counts cash at a bank in Huaibei, #Anhui province. It is crucial to maintain… https://t.co/xzTCIQMwU2
2 ZAR to CNY added 1 tweet
2019-07-12 14:47:12 UTC
@BitcoinDunny @Lex_Naija yeah, I'm thinking if the debt is in Yuan/Renminbi and the local currency appreciates agai… https://t.co/1Fnnn2CA1P

2 ZAR to CNY news media

2 ZAR to CNY added 1 medium
2019-06-22T22:19:05+02:00
Mandela all over my bed 👑 . #nelsonmandela #southafricanrand
2 ZAR to CNY added 1 medium
2019-06-19T13:21:41+02:00
South African: *10 rand from 2016 *20 rand from 2018: “Nelson Mandela Centenary" Commemorative banknote
2 ZAR to CNY 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
2 ZAR to CNY added 1 medium
2019-03-14T13:25:32+01:00
#moneyart #currencyart #money #paperbills #madiba #nelsonmandela #mandela #southafrica #aouthafricanmoney #southafricanrand #artauction
2 ZAR to CNY added 1 medium
2019-06-20T12:39:42+02:00
South African rand full set
2 ZAR to CNY added 1 medium
2015-10-14T15:50:34+02:00
#banknote#currencynote#papercurrency#chinanote#chinayuan#chineseyuan#chineseyuanrenminbi #renminbi #100yuan#100renminbi #onehundredyuan#note_senyeow#senyeow2015
2 ZAR to CNY added 1 medium
2015-10-14T15:03:27+02:00
1
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
2019-05-14T02:03:53+02:00
Thank You so much for all of these sign off gifts and for arranging a farewell midnight food party at the office before I sign off! It was a blast! Thanks Qiaoyan,Eli,Zhai Jing and Leo who were my best buddies in the team for the whole contract! I highly appreciated all your efforts and heartwarming feedbacks on me. Gonna miss you all guys and till we meet again! Let’s keep learning and never give up ! Keep in touch! #FarewellSignoffGifts #ChineseBestBuddies #TeamGuestServices #QuantumOfTheSeas #TeamRoyalCaribbean #QuantumOTSHoodyJacket #SweetChocs #ChineseYuanRenminbi
2 ZAR to CNY added 1 medium
2016-05-03T13:11:19+02:00
#renminbi with illustration figure of #ethnicminorities in #china #yiyuan #instacurrency #lookoftheday #chinacurrency #yuan #kurs #uangasing #valutaasing #chineseyuanrenminbi #peoplerepublicofchina #potd #followme #likeforlike

2 ZAR to CNY news texts

China's currency is expected to fall below its own 'red line,' prompting more complaints from US
China's currency is expected to fall below its own 'red line,' prompting more complaints from US

Strategists expect China's weakening currency to eventually fall through a key psychological level that could spark an even steeper drop and no doubt draw a new round of criticism from the Trump administration.

9 months conditional negative
China's yuan plunges again. Is a currency war coming?
China's yuan plunges again. Is a currency war coming?

China's yuan hit its lowest level against the US dollar in over a year on Friday, and has now fallen by more than 8% in the past three months.

8 months conditional positive

2 ZAR to CNY currency converter

2 ZAR to CNY exchange rates

20 ILS to CZK
Tel Aviv, State of Israel.
18 INR to SAR
Dammam, Kingdom of Saudi Arabia.
100 EUR to DZD
Taichung, Taiwan.
10000 INR to GBP
London, United Kingdom of Great Britain and Northern Ireland.
1 EUR to NOK
Vienna, Republic of Austria.
1500 CNY to HKD
Kazan, Russian Federation.
100 CAD to TWD
Stouffville, Canada.
100 SAR to INR
Jeddah, Kingdom of Saudi Arabia.
100 OMR to USD
Kampala, Republic of Uganda.
100 SAR to INR
Jeddah, Kingdom of Saudi Arabia.
100 USD to COP
Miami, United States.
20 XOF to NGN
Almere Stad, Kingdom of the Netherlands.
30 MOP to MNT
Ulan Bator, Mongolia.
100 RUB to NZD
Christchurch, New Zealand.
1 SGD to MMK
Yangon, Union of Burma.
100 GBP to CAD
Winnipeg, Canada.