Definition of 'South African Rand ZAR'

ZAR is the three-letter currency code representing
the currency of South Africa which is commonly known as the Rand.

The Rand derives its name from the Witwatersrand (Afrikaans for White-Waters-Ridge),
which is an area surrounded by Johannesburg under which a large gold reef exists.

The Rand is subdivided into 100 cents using the symbol "c."