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.

Georgian Lari

Georgian Lari

The lari (Georgian: ლარი; ISO 4217: GEL) is the currency of Georgia. It is divided into 100 tetri. The name lari is an old Georgian word denoting a hoard, property, while tetri is an old Georgian monetary term (meaning 'white') used in ancient Colchis from the 6th century BC. Earlier Georgian currencies include the maneti, abazi, and Georgian coupon.

5 South African Rand to Georgian Lari exchange rates chart

5 ZAR to GEL exchange rates graph
5 ZAR to GEL 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.

5 ZAR to GEL exchange rates table

Exchange ZAR to GEL
5 South African Rand = 0.969 Georgian Lari
10 South African Rand = 1.938 Georgian Lari
25 South African Rand = 4.845 Georgian Lari
50 South African Rand = 9.691 Georgian Lari
Exchange South African Rand to Georgian Lari
5 South African Rand to Georgian Lari 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.

5 ZAR to GEL exchange rates news

Rand gains ahead of GDP data

The rand moved in tandem with other emerging markets which have been buoyed by thaw in tensions between the world’s top two economies as presidents Donald Trump and Xi Jinping struck a deal at the G20 summit over the weekend in Argentina.

about 2 months conditional positive
South Africa's Rand Falls to 2-Year Low As Turkey Rout Spreads

Magnitude of rand's slide came after three days of heavy losses and caught South African Reserve Bank by surprise, but deputy governor at bank told Reuters that regulator was 'nowhere near' intervening to support currency

about 2 months conditional positive
Georgia’s TBC Bank claims “dark PR” as it fights laundering probe

Georgia’s TBC Bank claims “dark PR” amid laundering probe. Investigation into consecutive loans to firms and chair and dep. chair of lender.

9 days indicative neutral
Georgian presidential runoff fallout: defeated candidate calls for mass protests, early general election

Georgian presidential runoff fallout: defeated candidate calls for mass protests, early general election. OSCE says campaign saw significant deviations from democratic principles. Winner, backed by Georgia’s richest man, “enjoyed an undue advantage”, it concludes.[node:summary]

about 2 months conditional positive
London Stock Exchange hosts ‘Georgia Investor Day’

London Stock Exchange is hosting a ‘Georgia Investor Day’ together with Galt & Taggart, members of Bank of Georgia Group PLC and the leading brokerage firms in Georgia today.

2 months conditional positive

5 ZAR to GEL currency converter