What Is ZAR Currency?

ZAR stands for the South African Rand, the official currency of South Africa. Learn how it works and how to manage ZAR abroad.

What is ZAR Currency?

If you’ve seen prices or exchange rates listed with “ZAR” and you’re unsure what it refers to, this guide explains everything you need to know. ZAR is the official currency code for South Africa’s national currency, and understanding how it works is essential for anyone travelling, trading, or sending money to the region.

What does ZAR stand for?

ZAR is the currency code for the South African Rand, which is the official currency of South Africa. The term "ZAR" comes from the Dutch name for the country—"Zuid-Afrikaanse Rand"—reflecting the historical influence of Dutch settlers in the region.

The rand is abbreviated as ZAR in banking and international finance, and its currency symbol is R. For example, a price might be shown as R100, which is 100 South African rand.

Where is the rand used?

The South African rand is the official currency of South Africa and is also accepted in:

  • Lesotho

  • Eswatini (formerly Swaziland)

  • Namibia (alongside the Namibian dollar)

These countries belong to the Common Monetary Area, which allows for the free movement of rand and compatible local currencies.

How is the rand structured?

The rand is a decimal currency divided into 100 cents (c).

Common denominations include:

  • Banknotes: R10, R20, R50, R100 and R200

  • Coins: 10c, 20c, 50c, R1, R2 and R5

As of the time of writing, £1 is worth approximately 23 to 25 ZAR, though exchange rates fluctuate regularly.

Can you use foreign currency in South Africa?

No. The only legal tender in South Africa is the rand (ZAR). British pounds, US dollars, or euros are not accepted in shops or restaurants. Travellers should exchange money on arrival or withdraw rand from local ATMs using an international debit card.

Tips for UK travellers handling ZAR

  • Use a fee-free travel card like Monzo, Starling or Revolut for better exchange rates

  • Always choose to pay in ZAR, not GBP, at card terminals or ATMs

  • Carry a mix of cash and card, especially when visiting rural areas or local markets

  • Keep small denominations on hand for tipping and public transport

In summary

ZAR is the international currency code for the South African Rand, the official currency of South Africa. It's symbolised by R and used for all local transactions. UK travellers should convert pounds to rand on arrival or use a travel card that offers fee-free spending abroad.