South African Rand to Icelandic Króna

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 Icelandic krona (symbol: kr, codes: ISK, and 352) is the national currency of Iceland. Since the country is not a member of the EU and the Eurozone, the krona is the only official currency in the state. One krona is subdivided into 100 aurar, but coins less than 1 krona have been discontinued.

The Icelandic krone banknotes have been printed since 1885, remaining one of the few European currencies to have been preserved virtually unchanged since the 19th century. In 1981, a denomination took place in Iceland. Citizens received the new krone at the rate of 100: 1.