The South African rand is the currency for South Africa and is also a legal tender for Swaziland, Lesotho, and Namibia which make up the Common Monetary Area.
The currency code for the South African rand is ZAR. The currency symbol used is R.
The South African rand was first seen in 1961 replacing the South African pound. Since 1981 the rand has lost value due to political sanctions placed on South Africa.