Indian Rupee to South African Rand — exchange rate

The Indian rupee (international symbol s:₹ , Re, Rs (plural), code: INR, number: 356) is the national currency of India. Bhutan, Nepal and some other Asian countries use the currency unofficially. The Indian rupee is measured in paisa.

The current INR has 100 paisa. The currency was issued in 1845, and replaced the Danish Indian rupee. However, the currency with the same name had been used before that. First mentions of this unit go back to the 6th century BC. This fact makes INR one of the most ancient currencies of the world. The word “rupee” is translated as “made of silver”.

The South African rand (R) is the currency of the Republic of South Africa. The currency is also legal in Lesotho and Namibia. The rand is a free currency, and in the financial world it is known as ZAR.

One rand is worth 100 cents. In 1961, after leaving the Commonwealth of Nations, the rand replaced the previous currency – the South African pound. All notes since 2012 have had a portrait of the most famous South African figure – Nelson Mandela – on the averse, and the reverse has had images of noble African animals.