South African Rand to Egyptian Pound

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 Egyptian pound (sign LE, code EGP) is the currency of Egypt. It can also be referred to as the livre or guinea as in outdated terms. The Egyptian pound can be subdivided into 100 small coins named piastres.

The currency has been introduced into circulation in 1885. The design of notes and coins was reconsidered several times, the currency’s level of protection has increased. Almost every banknote of the Egyptian pound features key mosques of the country. It serves as a reminder that Egypt is a Muslim state.