Banner

Currency - What is the South African Currency?

South Africa uses a Decimal Currency system.

The Currency is made up of Rands (R) and Cents (c), 100 cents equals one Rand 

Coinage

Many stores charge prices that do not exactly match the coinage so a "rounding down" process takes place. For example the item is marked R5.99 (Five Rand and ninety nine cents). The merchant will round down to R5.95

Coins in circulation 2010

"Copper"  5c, 10c, 20c, 50c

"Silver" R1.00, R2.00 R5.00

Notes

R10.00, R20.00, R50.00, R100.00, R200.00

In May 2010 South Africa removed the "old" R200 from circulation. A new R200 note was introduced some time ago. The "old" notes are not legal tender. Do not accept R200 notes from anyone other than Banks and reputable merchants unless you are fully aware of what a "new" R200 note looks like and what the "old" note looks like.

For up to date currency conversions contact XE.com or your bankers. 

For in depth study of South African Currency go to Wikipedia or the South African Reserve Bank

 

 

 

Subscribe to our newsletter

Join our newsletter which contains information on accommodation specials, whats happening in South Africa and details on events around the country...

Our Social Media Network

Join our Facebook Fan PageFollow us on TwitterSubscribe to our News Feed

Establishment Owner Login

Selling your establishment

Holiday Homes SA is ideally positioned to assist you with the marketing and sale of your accommodation establishment.

We tailor the package to suit your requirements. These packages can be from advertising only, to price counselling and negotiating the contract of sale, and after sale service.

For a free consultation please contact us.

Why join HHSA?

Holiday-Homes-SA.com is one of the fastest growing tourism websites in South Africa.

Most of our clients enjoy front page exposure with us on Google.

We only charge an annual subscription fee, which is one of the lowest in the industry and there are no other hidden charges...

You deal directly with your client.

For more good reasons to join, click here.

Cape Town Routes UnlimtedCape Town TourismHermanus Tourismsouthafrica.net

Holiday Homes South Africa © 2017 All rights reserved.
Site managed by raramuridesign