Money

Foreign Exchange is regulated by the South African Reserve Bank (SARB).

South African Residents may purchase foreign currency up to 60 days in advance of their travel dates on presentation of:

  • Acceptable Identification: South African Passport, South African Bar Coded ID.
  • Proof of address
  • Additional Documentary Evidence: Flight ticket (e-ticket), Vehicle Registration in the case of  overland travel.

The South African Rand (ZAR) is legal tender in

  • South Africa (duh!)
  • Lesotho
  • Namibia
  • Swaziland

but the Lesotho Loti (LSL), Namibian Dollar (NAD) and Swazi Lilangeni (SZL) are not accepted beyond their respective country borders. 

The CFA Franc (XAF), not to be confused with the CFA Franc (XOF), despite the fact that both currencies are pegged identically to the Euro (EUR) at 1 EUR = 655.957 XAF = 655.957 XOF, is administered by the Banque des Etats de l'Afrique Centrale (BEAC). It is legal tender in:

  • Cameroon
  • Central African Republic
  • Chad
  • Congo (Brazzavile)
  • Equatorial Guinea
  • Gabon

The CFA Franc (XOF), not to be confused with the CFA Franc (XAF), despite the fact that both currencies are pegged identically to the Euro (EUR) at 1 EUR = 655.957 XOF = 655.957 XAF, is administered by the Banque Centrale des Etats de l’Afrique de l’Ouest (BCEAO). It is legal tender in:

  • Benin
  • Burkina Faso
  • Cote d'Ivoire
  • Guinea Bissau
  • Mali
  • Niger
  • Senegal
  • Togo

The East African Monetary Union (EAMU) is a 10-year project, started in November 2013, to converge to a common currency in the region.

Currency Converter

Country Currency Symbol Updated 1 x USD 1 x EUR 1 x ZAR
South Africa South African Rand ZAR 2017-02-04 13.2679 14.3114 1.000
Lesotho Lesotho Loti LSL
Namibia Namibian Dollar NAD
Swaziland Swaziland Lilangeni SZL
Cameroon
Central African Republic
Chad
Congo
Equatorial Guinea
Gabon
Franc CFA (XAF) CFA     655.957 45.8346
Benin
Burkina Faso
Côte d’Ivoire
Guinea Bissau
Mali
Niger
Senegal
Togo
Franc CFA (XOF) CFA     655.957 44.843
Algeria Algerian Dinar DZD 2016-12-22   117.110 8.006
Angola Angolan Kwanza AOA   165.747 173.223 11.837
Botswana Botswana Pula BWP   11.111   0.793
Burundi Burundian Franc BIF   1674.570   119.587
Djibouti Djibouti Franc DJF     187.012 12.785
DRC Congolose Franc CDF   1076.000   76.841
Egypt Egyptian Pound EGP   19.514   1.394
Eritrea Nakfa ERN   15.280   1.091
Ethiopia Birr ETB   22.471   1.605
Gambia Dalasi GMD     44.714 3.057
Ghana Cedi GHS   4.128   0.295
Guinea Franc GNF     9768.770 667.813
Kenya Kenyan Shilling KES   102.070   7.289
Liberia Liberian Dollar LRD   90.989   6.498
Libya Libyan Dinar LYD     1.499 0.102
Madagascar Malagasy Ariary MGA     3492.550 238.758
Malawi Malawian Kwacha MWK   724.900   51.767
Mauritania Ouguiya MRO     374.818 25.623
Mauritius Mauritian Rupee MUR     37.708 2.578
Morocco Moroccan Dirham MAD     10.563 0.722
Mozambique Metical MZN   73.320   5.236
Nigeria Naira NGN   315.250   22.513
Rwanda Rwandan Franc RWF   814.571   58.171
Seychelles Seychelles Rupee SCR     14.141 0.967
Sierra Leone Leone SLL   5541.390   395.729
Somalia Somalian Shilling SOS   575.705   41.113
South Sudan            
Sudan Sudanese Pound SDG   6.578   0.470
Tanzania Tanzanian Shilling TZS   2179.200   155.624
Tunisia Tunisian Dinar TND     2.436 0.167
Uganda Ugandan Shilling UGX   3557.000   254.017
Zambia Zambian Kwacha ZMW   9.890   0.706
Zimbabwe US Dollar USD 2016-12-22 1.000   0.071