South African Exchange Rates - Foreign Currency Converter
Currency:
The currency is Rands (ZAR). One Rand ( R ) is equal to 100 cents ( c ).Notes are issued in the following denominations: R200, R100, R50, R20 and R10. Coins: R5, R2, R1, 50c, 20c, 10c, 5c, 2c and 1c. Foreign currency may be exchanged at any commercial bank, American Express, Thomas Cook, Rennies Foreign Exchange or Dinners Club International office or Bureaux de Change can be found in the larger centres.
Credit cards:
South Africa has a modern banking & commercial system and most shops & hotels will accept credit cards.
Money:
The currency is South African Rand. The rand is also the currency of the Common Monetary Area between South Africa, Namibia, Swaziland and Lesotho.
Foreign exchange facilities are available throughout the city, the Waterfront, most shopping malls and at banks in country towns.
ATM's will accept many international bank and credit cards. Major credit cards are accepted throughout South Africa at most outlets, the exception being markets and some private traders.
One anomaly - you can't purchase fuel with a credit card. Many locals have special fuel credit cards, known as garage or petrol cards, for use only at filling stations so remember to keep spare cash handy when filling up. You can, however, pay road tolls with MasterCard or Visa.
Banking Hours and Services:
Most banks are open between 09:00
and 15:00 daily, and Saturdays between 08:30 and 11:00, although some are open from 08:30 to 16:30. Small town branches often close between 13:00 and 14:00.
South Africa's banks offer a wide range of services, including cash withdrawals, foreign exchange, electronic transfers (wiring), cashing of traveller’s cheques and PIN withdrawals. You'll find that using your card poses not problem provided that it belongs to the worldwide Cirrus network.
Hours of Business
Banking hours vary but are generally from 09:00 to 15:30 on weekdays. On Saturdays banks open at 09:00 and close at 11:00. Banks are closed on Sundays and Public Holidays. Some smaller branches have limited operating hours – if you’re going to a small village or rural area, check the local banks' operating hours.
The majority of the province’s hundreds of ATM’s are 24-hour facilities, enabling you to do your banking whenever you choose. However, there are ATM’s that close after 17h00 on week days and 13h00 on weekends. Also do bear in mind that ATM's may not be available in all small villages.
CURRENT EXCHANGE RATES - Foreign Currency to South African Rand
Foreign exchange rates are updated daily. Currency rates are supplied as is and are for information purposes only. SA-Venues.com and affiliates shall not be held responsible for any loss that may arise from the use of these rates, whether such loss be direct or indirect.
