Exchange Australian Dollars to South African Rand, from the comfort of your home
The reasons that make us the best exchange house for exchanging AUD to ZAR for your next trip:
More than 423 currency exchange offices in 25 countries.
12 million customers a year.
Currency exchange service 24/7/365 at airports and online.
Click&Collect at our airport offices.
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What you need to know about the currency South African Rand
The rand (whose ISO is ZAR) has been the currency in circulation in South Africa since 1961, the year it replaced the South African pound. It is divided into 100 cents and its symbol is R. Until 1982, its value was higher than that of the US dollar, but this situation changed due to apartheid.
The current rand banknotes are 10, 20, 50, 100, and 200 ZAR. The most recent series is from 2012 and features Nobel Peace Prize winner Nelson Mandela on the front. These South African rand banknotes have been nicknamed "Randela".
The circulating currencies of rands are 10, 20, and 50 cents, as well as 1, 2, and 5 rands. All of them feature a national element (the coat of arms or the flag) and a native animal or plant. Since 1967, there have also been Krugerrands or investment currencies.
As for banking institutions, the first bank established in the country was the Lombaard Bank, in Cape Town, inaugurated on 23 April 1793. It was one of the first to officially manage a currency of Africa.
The rand, currency of South Africa, is also official in Namibia, Lesotho and Swaziland. The Namibian dollar, the loti and the lilangeni are official here, respectively. The value of these three currencies is pegged to that of the South African rand.
What do the banknotes/coins look like?
Front part
*The banknotes and coins correspond to the newest issued series and are for reference. Colours may vary and there may be more designs than those shown.
Any questions? We will resolve them for you:
What is the best exchange rate from Australian dollars to South African Rand?
South African Rand exchange rates fluctuate and change daily. You can check the exchange rate of the day in the information panel of our calculator by selecting Australian dollars to South African Rands rate or in any of Global Exchange offices.
Will I be charged a commission for changing my Australian dollars into South African Rand?
No, Global Exchange does not charge any commissions or fees for exchanging Australian dollars to South African Rands. All transactions (at the offices or online) worth AUD 1,000 or above are fee-free. We only have a small margin, which is lower when you change your currency online than when you change it in person at the airport.
Do I get the same Australian dollar to South African Rand exchange rate in this website or in any of your offices?
No, the Australian dollar to South African Rands exchange rate that applies to orders placed on the Global Exchange website in Australia is more advantageous to you than at the airport offices. This ensures you get the best exchange rates online. If you need more information or have any questions, please contact our contact form.
How will I be delivered the South African Rand I ordered online?
After placing your Click & Collect order online, you can collect it from our offices at Sydney Airport. As well as getting the best exchange rate for your online exchange (more travel cash for the same price), this service saves you time and reduces anxiety, as you'll have the currency you need ready for your trip abroad.
Why does the Australian dollar to South African Rand exchange rate seem cheaper and more attractive in the Internet than in exchange businesses?
The South African Rand exchange rates shown in Internet currency converters are for currency wholesalers (foreign exchange transactions for financial and international trade companies), not for the public. Those cheaper rates are for the foreign exchange, not for currency exchange operations in cash.
What is the difference between foreign exchange and currency exchange?
Foreign exchange (Forex, for short) is the market that establishes the value of the currencies in which international transactions will be performed, at a wholesale level. Currency exchange, on the other hand, is the market in which individual currencies are sold in retail on a certain price depending on demand. Currency exchange entails cash transactions, thus adding logistic costs, and therefore their exchange rates are somewhat “worse” than the Forex rates, which only move money between accounts.
What is the difference of changing my Australian dollars to South African Rands with you or at a bank?
Banks charge margins and commissions, and you will have to go twice: to order the money and to pick it up. At Global Exchange you can place your foreign currency order online and pick up your foreign currency order at the airport before boarding.
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