South African Rand to Ukrainian Hryvnia

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 Ukrainian hryvnia (sign грн, code UAH) serves as the national currency of Ukraine. It is not printed or accepted outside it. Kopiykas are used as change for the Ukrainian hryvnia.

Every UAH has 100 kopiykas. The currency has been in circulation since 1996. Prior to that, there was the karbovantes, and even earlier there was the Soviet ruble. The word “hryvnia” comes for the term “mane”. It defined coins with strings, resembling a bright mane of a golden horse. The word became widespread in old Rus. It was used as a weight measurement.