South African Rand to Australian Dollar | Bank

The South African Rand (ZAR) is the official currency of South Africa. It was introduced in 1961 when it replaced the South African pound. The Rand is also legal tender in the Common Monetary Area between South Africa, Eswatini, Lesotho, and Namibia.

The Australian Dollar (AUD) is the official currency of Australia. It is one of the most traded currencies in the world and is known as the "Aussie" in forex markets. The Australian Dollar is subdivided into 100 cents and is managed by the Reserve Bank of Australia.