Convert South African Rand to US Dollar

3 South African Rand (ZAR) = 0.23 US Dollar (USD)

Saturday, February 25, 2017 4:40 AM

3 ZAR =
0.23 USD

ZARUSD graph

Currencies rates online for South African Rand (ZAR) to US Dollar (USD).

Forex data is updating every 5 minutes.

In order to convert currencies, please go to US Dollar (USD) to South African Rand (ZAR).

The currency converter uses the latest Forex exchange rates.


ZAR – South African rand

The South African rand (symbol: R; currency code: ZAR) is the official currency of South Africa. One (1) rand is equal to one hundred (100) cents.

The rand is issued by the South African Reserve Bank.

Background
The current South African currency was first issued in 1961, replacing the South African pound.


USD – United States dollar

The U.S. dollar (symbol: $; currency code: USD) is the official currency of the United States of America and its overseas territories. One (1) US dollar is equal to one hundred (100) cents.

The U.S. dollar is a Federal Reserve Note and the world’s dominant reserve currency. As such, it is the most converted currency in the world and the currency most used in international transactions. In addition, it features as the standard currency in the commodity market, having a key impact on commodity prices, and is the most popular and heavily traded currency in the forex market.

Background
The dollar was adopted as the official money unit of the United States in 1785. The federal monetary system was established following the Coinage Act of 1792, which also created the first U.S. Mint. Paper currency was first issued by the U.S. government in 1862 in order to finance the Civil War. The first $10 Federal Reserve notes were issued in 1914, but it was not until 1929 that the U.S. currency began to feature the standard portraits on the front and monuments and emblems on the back of all bills.