Currencies in South Africa: the exchange, importation, money. What is the currency in South Africa?

Currencies in South Africa

Currencies in South Africa

Money in South Africa called "Rand" (or "Rand"). «R» Represented by the symbol. The international code of Rand - ZAR. He is also the official currency in the other three countries of the African continent. The name of the South African "Rand" comes from the main source of gold of South Africa - the ridge of the Witwatersrand.

Exchange

Currency Exchange in South Africa is possible in banks (openoften in the first half of any of the day except on Sunday) and in hotels and exchangers. When exchanging currency sure to save all receipts and statements regarding the operations. If the end of the trip you decide to change back to Randa in the foreign exchange, you will not be able to do it without these certificates.
International credit cards (MasterCard, American Express, Visa) are accepted in almost every hotel, store, gas station, restaurants and other similar establishments.
To date, the South African rand has quite an unstable exchange rate, which is the cause of high inflation in the country.

bills

Prior to the introduction in the rand turnover in 1961, in South AfricaSouth African pound was used and subsequently exchanged for the rand in the ratio of 1 to 2. Now coins of 1 or 2 cents is no longer possible to meet outstanding - they were abolished in 2002, so the cost is most often rounded up to the sum of a multiple of 5. Since 2004 year were issued new coins for 5 rand micro inscriptions bimetallic design and deepening jagged rim.
Introduced in 2012, the new banknote worth10 rand efficient and modern protected against counterfeiting: the watermark with the image of Nelson Mandela, microtext, a special security thread, changing image, latent image and other means.

What currency to take to South Africa

Going on a trip and wonderingWhat is the currency in South Africa is useful to you, you can easily stock up on US dollars or Euros, preferably in small denominations, since the exchange of the large denominations may be problems with the delivery or exchange rate.
To pay off foreign currency in South Africa can not.
Import of currency in South Africa for foreign tourists notlimited, and when leaving the country the number of South African money should not exceed 500 rand per person. Without special permission from the South African Reserve Bank of South Africa take a large amount of national money is impossible.

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