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Rand is the legal currency of South Africa. Enough Rands can buy you anything that's for sale.
One Rand won't buy you particularly much though. Maybe a lollipop or an apple.
What else can I help you with?
What country is rand currency from?
Rand is the currency of South Africa.
Reasons for appreciation of rand against American dollar?
The appreciation of the South African rand against the American dollar can be attributed to several factors, including improved economic indicators such as rising commodity prices, which boost South Africa's export revenues. Additionally, increased foreign investment and positive investor sentiment regarding South Africa's economic policies can strengthen the rand. Furthermore, fluctuations in U.S. interest rates and economic performance can lead to a weaker dollar, contributing to the rand's appreciation. Lastly, political stability and effective governance in South Africa may enhance confidence in the currency.
How are the resources allocated in South Africa's Economic system?
South Africa has a capitalist economic system and resources are allocated based on who can buy them.
What are the reasons for change in exchange rate for the past weeks between rand and us dollar?
Recent fluctuations in the exchange rate between the South African rand and the US dollar can be attributed to several factors. Firstly, shifts in global economic conditions, including inflation rates and interest rate changes in the U.S., have influenced investor sentiment. Additionally, local economic indicators, such as South Africa's trade balance and political stability, have impacted the rand's strength. Lastly, global commodity prices, particularly for South Africa's key exports like gold and platinum, also play a crucial role in determining the rand's value against the dollar.
What is 1 rand in English pounds?
1 South African rand is currently 0.0819 pounds sterling. (12th of January 2012)
What does r mean in South Africa?
It is used for the Rand, which is South Africa's monetary unit.
Where is the Rand?
The Rand is the currency of South Africa.
Is it better to buy South African Rand in UK or SA?
Definitely in South Africa as you will get the best exchange rate.
What money does Cape Town use?
The official currency of South Africa is the Rand (ZAR).
How much is 88000 in South Africa rand?
If your asking how much 88000 dollars is in South Africa Rand it is 649.84 (in Rand). If you are asking how much 88000 South Africa rand in dollars it is 11,916.8 U.S. dollars. I hope this answers your question.
What country is rand currency from?
Rand is the currency of South Africa.
What is south Africa's most valuable Rand?
Kruger Rand
What is on a one rand coin?
rand is the currency of south africa
What is the curruncy of South Africa?
The Rand. South African Rand. Written as R as in R5 or internationally as ZAR
What is the name of the country that uses the Rand as it's currency?
The South African rand is used by several countries.Official users are South Africa, Lesotho, Namibia and Swaziland.The rand has one unofficial user Zimbabwe.
Where would you use the rand?
South Africa
What is South Africa's currecy?
The rand (R).
