The Currency of South Africa is the South African Rand (ZAR). The Rand replaced the South African pound when South Africa became an independent republic in 1961.

One rand is made up 100 cents. The Rand is available in denominations of R1, R2, R5 (coins) and R10, R20, R50, R100 and R200 (paper notes). These notes nowadays bear images of South African wildlife as opposed to the images of political and historical significance in the early 1990's.  The cents are available as coins in denominations of 1c, 2c, 5c, 10c, 20c and 50c.

Whilst you can change money in  local banks, ie  First National Bank, Standard Bank, ABSA, Nedbank or at Bureau de Change, ie Rennies Travel, American Express etc., ATM's are in abundance on streets, in shopping malls, many local corner shops and petrol stations and you can simply use your overseas debit card to obtain local currency. The banking system is world class and you often obtain a better service than in many western countries.

Banking hours are from 9am to 3.30pm on weekdays and 9am to 11am on Saturdays.