South African Rand to Bulgarian Lev

The South African rand (sign: R, code: ZAR, number: 710) or rand is the currency used in South Africa, Lesotho and Namibia. It Has been issued since 1961, when the state ceased to be part of the British Commonwealth, upon gaining independence. One rand is divided into 100 cents.

In 2004, rand has been incorporated into the CLS system as one of the international clearing currencies. The name is derived from the abbreviation of the name of the Mountain range Witwatersrand. The word "rand" came into use from the Afrikaans language, but has been modified to be pronounced in an English manner.

The Bulgarian lev (international symbol: BNG, code: 975) is the national currency of Bulgaria. The lev is divided into 100 stotinki. Since 2002 the lev has been pegged to the euro at an exchange rate of 1.

95 lev for 1 euro. Bulgaria has not become part of the Eurozone so far and a complete transition to the European single currency has not yet taken place. The image of a lion on Bulgarian currency appeared in the 13th century. The first currency, called the “lion,” emerged in Bulgaria in 1879 and was in circulation in the country until 1952. The contemporary version appeared in 1999 after redenomination at a rate of 1000: 1.