South African Rand to Australian Dollar — exchange rate

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.

The Australian dollar (symbol: $ ,code: AUD, number 036) is the currency of the Commonwealth of Australia. It is used not only on the territory of Australia, but also on the adjacent islands: Cocos Islands, Norfolk, and Christmas Islands. $ is identified as AUD or by the classic dollar sign on the global financial market.

One AUD is 100 cents. It has come into action in 1966, replacing the Australian pound. Since the late 80s, banknotes have been being made from special flexible plastic instead of paper. It makes money last longer in humid Australian climate. Interestingly, all banknotes have the same height, but are different in length. On the notes you can find portraits of historical and political figures, important buildings and objects. Australia also regularly issues commemorative coins worth 50 cents.