South African Rand to Bermudian 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 Bermudian Dollar (BMD) is the official currency of Bermuda. It is pegged to the US dollar at a 1:1 ratio and has been in use since 1970.