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Last updated : Nov 2009
 
South Africa Currency
South Africa Currency and Bank information - TravelPuppy.com
The Rand is the official currency in South Africa.

1 Rand (ZA R / R) = 100 cents.

Notes are in denominations of ZA R 10, 20, 50, 100 and 200.

Coins are in denominations of ZA R 5, 2 and 1, and 50, 20, 10, 5, 2 and 1 cents.

Currency exchange

Money can be changed at bureaux de change, banks, some hotels, and larger shops and restaurants. Automated foreign exchange machines and ATM's are available at several locations. Proof of identify may be requested, therefore travellers are advised to carry a passport.

Credit & debit cards

Visa and MasterCard are preferred. Diners Club and American Express are also widely accepted. Some ATM's will give cash advances with credit cards. Credit cards cannot be received at petrol stations. Please check with your debit or credit card company for details of merchant acceptability and other facilities which may be available.

Travellers cheques

Travellers cheques are valid at banks, hotels, restaurants and shops. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Pounds Sterling or United States Dollars.

Exchange rate indicators

The following figures should be perceived as a guide to the movements of the Rand against the US Dollar and UK Pounds Sterling:
 
Date
At time of publishing
UK £1.00=
ZAR 13.61
US $1.00=
ZAR 6.54
Currency restrictions

The import of local currency is restricted to ZAR 5000 in cash. The export of local currency is limited to ZAR 500 in cash. The export and import of foreign currency is unlimited provided it is declared upon arrival or departure.

Banking hours

Banking hours are Monday to Friday from 9.00 am to 3.30 pm, and Saturday from 8.30 am to 11.00 am.
Useful travel links
MasterCard ATM Locator Location of any ATM that accepts MasterCard
Oanda International Currency and foreign exchange services
VISA ATM Locator Location of any ATM that accepts VISA cards
 
 
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