VIEW ZAR Coin Details

Coin Description

Coin Name:  South African Rand 

Token Name: ZAR

Coin Introduction

The South African rand is also legal tender in the Common Monetary Area member states of Namibia, Lesotho and Eswatini. Although these three countries each have their own national currency (the dolla, the loti and the lilangeni respectively), all three have been pegged with the rand at par since their introductions, and the rand is still widely accepted as a substitute for them. The rand was also legal tender in Botswana until 1976, when the pula replaced the rand at par.

Token Overview

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