Using a converter, to show you the value of South Africa currency it is important for you to know that the amount showed is the stock exchange rate and not the exchange rate.
Add about 5-6% on top of the calculated amount to get the actual amount of the South Africa currency.
The South African currency consists of banknotes and coin and is denoted in Rand (R) and Cents (c).
All South African currency bank notes are slightly different sizes and each one is a different colour – which makes it easier for you!
Notes are in denominations of:
South Africa has 11 official languages. English appears on the front with "South African Reserve Bank" as well as the amount.
The reverse side of the notes have "South African Reserve Bank" in 2 languages which makes it possible to divide the 10 languages equally on each of the 5 notes.
Coins are in denominations of:
1 and 2 cent coins are still in circulation but they are no longer valid and the coins won’t be accepted so look out when you get your change!
When buying goods, all values will be rounded up or down to the nearest 5c or 10c value.
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The easiest and cheapest way to exchange money into South African currency is to draw at an ATM:
South African goods include 14% sales tax and if you buy goods in South Africa with a value exceeding R250 then you qualify for a tax refund.
To save time at the airport, you can claim your VAT refund at the Waterfront in the Clock Tower.
But, you still need to go to the VAT counter at the airport and have your goods ready for inspection before checking in.
Plan about an hour for the south africa currency VAT refund procedure at the airport.
Most credit cards like Mastercard, Visacard, Dinersclub, American Express, etc. are accepted in South Africa.
Most restaurants, hotels, guesthouses, shops, etc. accept credit cards.
When fueling up your car, make sure you have cash because most petrol stations don’t accept credit cards!
You usually have a better south africa currency exchange rate, depending on the percentage they charge you for using your credit card in foreign countries
Are accepted at most places as long as they are made out in a valid South African currency and these can be exchanged at South African banks and foreign exchange offices
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