The South African rand, or simply the rand, will be the Formal currency of South Africa. It is actually subdivided into 100 cents, along with a comma separates the rand and cents.
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The South African rand is legal tender while in the Typical Monetary Space member states of Namibia, Lesotho, and Eswatini, Using these three countries also having nationwide currencies: pegged While using the rand at parity and continue to greatly accepted as substitutes. The rand was also lawful tender in Botswana until finally 1976 in the event the pula replaced the rand at par.
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