Exchange 3 ZAR to PLN - 3 South African Rand to Polish Zloty
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.
The złoty (pronounced [ˈzwɔtɨ] ( listen); sign: zł; code: PLN), which is the masculine form of the Polish adjective 'golden', is the currency of Poland. The modern złoty is subdivided into 100 groszy (singular: grosz; alternative plural form: grosze). The recognized English form of the word is zloty, plural zloty or zlote. The currency sign, zł, is composed of the Polish lower-case letters z and ł (Unicode: U+007A z LATIN SMALL LETTER z & U+0142 ł LATIN SMALL LETTER L WITH STROKE). As a result of inflation in the early 1990s, the currency underwent redenomination. Thus, on 1 January 1995, 10,000 old złotych (PLZ) became one new złoty (PLN). Since then, the currency has been relatively stable, with an exchange rate fluctuating between 3 and 4 złoty for a United States dollar.
3 South African Rand to Polish Zloty exchange rates chart
3 ZAR to PLN 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.
3 South African Rand to Polish Zloty 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.
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.