Compare the best South African rand buyback rates and exchange South African rand to pounds
You receive £166.79 | Buyback rate 22.97 | Estimated postage £7.35 | Sell Now | |
Travel FX ❯ | ||||
You receive £166.79 | Buyback rate 22.9703 | Estimated postage £7.35 | Sell Now | |
The Currency Club ❯ | ||||
You receive £166.79 | Buyback rate 22.9703 | Estimated postage £7.35 | Sell Now | |
Sterling ❯ | ||||
You receive £165.86 | Buyback rate 23.0936 | Estimated postage £7.35 | Sell Now | |
Currency Online Group ❯ | ||||
You receive £161.59 | Buyback rate 23.6775 | Estimated postage £7.35 | Sell Now | |
Covent Garden FX ❯ | ||||
You receive £160.69 | Buyback rate 23.804 | Estimated postage £7.35 | Sell Now | |
ACE-FX ❯ | ||||
You receive £160.39 | Buyback rate 23.8461 | Estimated postage £7.35 | Sell Now | |
Moneybee ❯ | ||||
You receive £142.69 | Buyback rate 26.6595 | Estimated postage £7.35 | Sell Now | |
Manor FX ❯ |
It's easy to sell your leftover South African rand online. Use our South African rand buyback comparisons to find the best deal, then follow the link to the buyer's website to place your order online and lock-in your buyback rate. You'll need to decide whether to post your South African rand to the buyer, or try searching for a store near you so you can exchange your South African rand in person.
Securely package your South African rand and post it to the buyer using Royal Mail Special Delivery which is fully tracked and insured. Once the buyer has received your package they'll pay you by bank transfer within one working day.
Use our store finder to search for your nearest currency exchange, then simply take your South African rand to the store to sell over the counter. You'll save on postage fees, but availability varies by location and you'll have fewer deals to choose from compared to selling by post.
Travel FX are offering the best South African rand buyback rate right now at 22.97. At this rate, 1 South African rand is worth £0.04. You'll need to place your order online to get this rate which is based on a comparison of 8 foreign exchange companies and assumes you were selling 4000 South African rand by post.
It can be difficult to exchange leftover South African rand coins. Banks and foreign exchange companies don't generally accept coins because they're expensive to process and transport, so your options for exchanging any leftover shrapnel back into pounds can be limited:
Over the past 30 days, the South African rand buyback rate has risen 0.3% from 22.97 on 25 Oct to 23.0389 today. This means South African rand can be exchanged for more pounds today compared to a month ago. Right now, R4000 is worth approximately £173.62 which is £0.52 more than you'd have got on 25 Oct.
These are the average South African rand buyback rates taken from our panel of UK travel money providers at the end of each day. You can explore this further on our South African rand to British pound currency chart.
No, you'll get more for your South African rand if you sell when the South African rand buyback rate is low. This is due to a quirk of how British currency providers display their buyback exchange rates.
When you buy South African rand, the exchange rate you get is the amount of South African rand you'll receive for every pound that you spend, so for example a rate of 22.97 means you'd get R22.97 for each £1 that you spend. You can calculate the total amount of South African rand you'd receive for a given amount of sterling by simply multiplying the sterling amount by the exchange rate.
When it comes to selling South African rand, the buyback rate is expressed in terms of how many South African rand you'd need to sell in order to get £1, so a buyback rate of 22.97 means you'd need to sell R22.97 to get £1. To calculate the sterling value of a given amount of South African rand, you need to divide the South African rand amount by the buyback rate. Since you're dividing by the buyback rate, a lower buyback rate means you'd get more sterling compared to a higher buyback rate.
One South African rand (R) can be subdivded into 100 cents (c). There are five denominations of South African rand banknotes in circulation: R10, R20, R50, R100 and R200; and six coin denominations: 10c, 20c, 50c, R1, R2 and R5.
The current series of South African rand banknotes, issued by the South African Reserve Bank in 2012, is commonly referred to as the 'Nelson Mandela series'. Each banknote in this series features a portrait of Nelson Mandela; the iconic leader of the anti-apartheid movement and the first democratically elected president of South Africa. The R10 note showcases a young Mandela, while the R20 note depicts him in his middle years. The R50 note features an older Mandela, and the R100 note highlights his final years. The R200 rand note presents an image of Mandela's birthplace, the Mvezo village, along with a portrait of him as an elder statesman.
Denomination | Sterling equivalent |
---|---|
R10 | £0.44 |
R20 | £0.87 |
R50 | £2.18 |
R100 | £4.35 |
R200 | £8.71 |
Denomination | Sterling equivalent |
---|---|
10c | £0.004 |
20c | £0.01 |
50c | £0.02 |
R1 | £0.04 |
R2 | £0.09 |
R5 | £0.22 |