Sunday, January 22, 2017 12:05 PM
Currencies rates online for Australian Dollar (AUD) to South African Rand (ZAR).
Forex data is updating every 5 minutes.
In order to convert currencies, please go to South African Rand (ZAR) to Australian Dollar (AUD).
The currency converter uses the latest Forex exchange rates.
The Australian dollar (symbol: $; currency code: AUD) is the official currency of the Commonwealth of Australia, including Christmas Island, Cocos Islands, and Norfolk Island, and several independent Pacific Island states. To distinguish between it and other dollar-denominated currencies, the Australian dollar sometimes appears as A$. One (1) Australian dollar is equal to one hundred (100) cents.
The Australian dollar is often referred to by traders as the “Aussie dollar”. It is the fifth most traded currency in the forex market, behind the U.S. dollar, the euro, the Japanese yen and the British pound. Its popularity in foreign exchange is largely due to the relative stability of the country’s economy and the relatively high interest rates in Australia.
The Australian dollar was preceded by the Australian pound, which was introduced in 1910 and differed in value from the pound sterling. The dollar was introduced on February 14, 1966.
The South African rand (symbol: R; currency code: ZAR) is the official currency of South Africa. One (1) rand is equal to one hundred (100) cents.
The rand is issued by the South African Reserve Bank.
The current South African currency was first issued in 1961, replacing the South African pound.