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."
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