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GMAC to ZAR Converter and calculator

GMAC/ZAR: 1 GMAC = 0.03307 ZAR. The price of converting 1 Gemach (GMAC) to South African rand (ZAR) is 0.03307 ZAR today.
GMAC
GMAC
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GMAC to ZAR real-time exchange rates, making it easy to convert Gemach (GMAC) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 GMAC is currently valued at 0.03307 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GMAC is currently valued at 0.03307 ZAR, which means buying 5 GMAC would cost 0.1653 ZAR. Similarly, R1 ZAR can be converted to 30.24 GMAC, and R50 ZAR can be converted to 151.2 GMAC, excluding any platform or gas fees.

Convert GMAC to ZAR

Convert ZAR to GMAC

Gemach
South African rand
1 GMAC
0.03307  ZAR
Exchange 1 GMAC for 0.03307 ZAR
2 GMAC
0.06614  ZAR
Exchange 2 GMAC for 0.06614 ZAR
5 GMAC
0.1653  ZAR
Exchange 5 GMAC for 0.1653 ZAR
10 GMAC
0.3307  ZAR
Exchange 10 GMAC for 0.3307 ZAR
20 GMAC
0.6614  ZAR
Exchange 20 GMAC for 0.6614 ZAR
50 GMAC
1.65  ZAR
Exchange 50 GMAC for 1.65 ZAR
100 GMAC
3.31  ZAR
Exchange 100 GMAC for 3.31 ZAR
200 GMAC
6.61  ZAR
Exchange 200 GMAC for 6.61 ZAR
500 GMAC
16.53  ZAR
Exchange 500 GMAC for 16.53 ZAR
1000 GMAC
33.07  ZAR
Exchange 1000 GMAC for 33.07 ZAR
5000 GMAC
165.35  ZAR
Exchange 5000 GMAC for 165.35 ZAR
10000 GMAC
330.7  ZAR
Exchange 10000 GMAC for 330.7 ZAR
In the table above, you'll find a comprehensive GMAC to ZAR converter that shows the value of Gemach in South African rand across commonly used conversion amounts. The list covers conversions from 1 GMAC to ZAR, all the way up to 10000 GMAC, providing a clear view of their respective values.
South African rand
Gemach
1 ZAR
30.24 GMAC
Exchange 1 ZAR for 30.24 GMAC
10 ZAR
302.39 GMAC
Exchange 10 ZAR for 302.39 GMAC
50 ZAR
1,511.96 GMAC
Exchange 50 ZAR for 1,511.96 GMAC
100 ZAR
3,023.93 GMAC
Exchange 100 ZAR for 3,023.93 GMAC
200 ZAR
6,047.86 GMAC
Exchange 200 ZAR for 6,047.86 GMAC
500 ZAR
15,119.64 GMAC
Exchange 500 ZAR for 15,119.64 GMAC
1000 ZAR
30,239.28 GMAC
Exchange 1000 ZAR for 30,239.28 GMAC
2000 ZAR
60,478.57 GMAC
Exchange 2000 ZAR for 60,478.57 GMAC
5000 ZAR
151,196.42 GMAC
Exchange 5000 ZAR for 151,196.42 GMAC
10000 ZAR
302,392.84 GMAC
Exchange 10000 ZAR for 302,392.84 GMAC
50000 ZAR
1,511,964.21 GMAC
Exchange 50000 ZAR for 1,511,964.21 GMAC
100000 ZAR
3,023,928.41 GMAC
Exchange 100000 ZAR for 3,023,928.41 GMAC
In the table above, you'll find a comprehensive ZAR to GMAC converter that shows the value of South African rand in Gemach across commonly used conversion amounts. The list covers conversions from 1 ZAR to GMAC, all the way up to 100000 ZAR, providing a clear view of their respective values.

GMAC to ZAR chart

GMAC/ZAR: 1 GMAC = 0.03307 ZAR; 2025/08/03 19:43:24
In the past 1D, Gemach has changed +6.97% to ZAR. Based on the trend and price charts, Gemach(GMAC) has changed +6.97% to ZAR while South African rand(ZAR) has changed % to GMAC in the last 24 hours.
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GMAC to ZAR conversion data: Volatility and price changes of Gemach in ZAR

The highest Gemach price in ZAR over the past 7 days was 0.02394 ZAR while the lowest Gemach price in ZAR over the past 7 days was 0.01734 ZAR. The relative change between the highs and lows in Gemach price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and GMAC to ZAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.02363 ZAR
0.02394 ZAR
0.04841 ZAR
0.07061 ZAR
Low
0.02209 ZAR
0.01734 ZAR
0.01734 ZAR
0.01734 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
+6.97%
+17.03%
-50.87%
-21.43%

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Bitget P2P trading does not currently support direct buying of GMAC with ZAR. However, you can buy USDT in Bitget P2P trading first, and then buy GMAC with USDT via Bitget spot market.
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Gemach information

GMAC to ZAR market statistics

GMAC/ZAR:
R0.03307
GMAC 24h volume:
--
GMAC market cap:
R16,534,782.8
GMAC circulating supply:
500.00M GMAC

Current GMAC to ZAR exchange rate

Gemach to South African rand is rising this week.
Gemach's current market price is R0.03307 per GMAC, with a total market cap of R16,534,782.8 ZAR based on a circulating supply of 500,000,000 GMAC. The trading volume of Gemach has changed by 0.00% (R0 ZAR) in the last 24 hours. Last trading day, GMAC's trading volume was R0.

More info about Gemach on Bitget

South African rand information

About the South African Rand (ZAR)

What Is the South African Rand (ZAR)?

The South African Rand, designated as ZAR and symbolized as R, is the official currency of the Republic of South Africa. It is also recognized in the Common Monetary Area, shared with Lesotho, Namibia, and Eswatini, where it circulates alongside local currencies. The Rand is subdivided into 100 cents.

The South African Rand is issued by the South African Reserve Bank (SARB). The SARB is the central bank of South Africa and is responsible for the production and distribution of banknotes and coins in the country. It oversees the monetary policy and maintains financial stability in South Africa, playing a crucial role in the economy of the nation.

What Is the History of ZAR?

The Rand takes its name from the Witwatersrand, meaning "white waters' ridge" in Afrikaans, which is the location of Johannesburg and a major gold-mining area. Introduced in 1961 when South Africa became a republic, it replaced the South African pound at a rate of 2 Rand to 1 pound.

Notes and Coins of ZAR

South African coins are issued in denominations of 1, 2, 5, 10, 20, and 50 cents, and 1, 2, and 5 Rands. Banknotes are available in 10, 20, 50, 100, and 200 Rand denominations. Since 2012, banknotes have featured Nelson Mandela on the front and the "Big Five" wild animals on the back. Commemorative notes released in 2018 feature Mandela's images.

Exchange Rate History of ZAR

Initially, the Rand was strong, trading at 1.40 USD in its early years. However, due to inflation and international opposition to apartheid, its value declined. By 1985, it traded at 2 Rands per USD and continued to depreciate, reaching over 6 ZAR/USD by 1999 and nearly 14 ZAR/USD by 2001. After recovering to about 6-to-1 against the dollar by 2006, it faced another decline due to a slowdown in the mining industry and global economic factors. In 2016, it reached an all-time low of nearly 18 ZAR/USD.

What Is The Common Monetary Area?

The Common Monetary Area (CMA) is a monetary union in Southern Africa comprising South Africa, Namibia, Lesotho, and Eswatini. It facilitates the free movement of capital and services among these nations, with the South African Rand (ZAR) serving as the primary currency. Within this union, while each member country has its own currency, the Rand is also legal tender and the local currencies are pegged at par with the Rand. This arrangement ensures economic stability and fosters cooperation among the member states. The South African Reserve Bank plays a pivotal role in influencing the monetary policy across the CMA, thereby promoting a higher degree of economic integration and facilitating seamless trade and financial transactions across these national borders.

Is ZAR a Stable Currency?

The South African Rand (ZAR) has historically exhibited a degree of volatility, influenced by a combination of domestic challenges and global economic factors. Internally, issues such as political uncertainty, governance concerns, and high unemployment rates have impacted its stability, while externally, it remains sensitive to global market sentiments and fluctuations in commodity prices, notably gold, given South Africa's status as a major producer. Although there have been phases where the Rand demonstrated resilience, its nature as an emerging market currency often subjects it to rapid valuation shifts in response to both local and international events. This characteristic renders the Rand more volatile compared to currencies from more economically stable regions, leading to a general perception of it being less stable, especially when measured against major global currencies like the US Dollar.

Bitget crypto-to-fiat exchange data shows that the most popular Gemach currency pair is the GMAC to ZAR, with for Gemach's currency code being GMAC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ZAR.

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How to convert GMAC to ZAR

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GMAC to ZAR Conversion tables

The exchange rate of Gemach is decreasing.
The exchange rate of 1 GMAC to South African rand has changed by +17.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.97%, reaching a high of 0.02363 ZAR and a low of 0.02209 ZAR . One month ago, the value of 1 GMAC was R0.05754 ZAR , which represents a -50.87% change from its current value. Over the last year, Gemach has changed by
-R
0.0002125ZAR
, resulting in a change of -0.89% in its value.
24 hours ago1 month ago1 year ago
Amount 19:43 today 24 hours ago 24h change
0.5 GMAC
R0.01653R0.01576
+6.97%
1 GMAC
R0.03307R0.03153
+6.97%
5 GMAC
R0.1653R0.1576
+6.97%
10 GMAC
R0.3307R0.3153
+6.97%
50 GMAC
R1.65R1.58
+6.97%
100 GMAC
R3.31R3.15
+6.97%
500 GMAC
R16.53R15.76
+6.97%
1000 GMAC
R33.07R31.53
+6.97%

GMAC to ZAR FAQ

How much is 1 Gemach in ZAR?
Right now, the price of 1 Gemach (GMAC) in South African rand (ZAR) is R0.03307.
How much GMAC can I buy for 1 ZAR?
Based on the current exchange rate, you can get 30.24 GMAC for 1 ZAR.
How do I calculate or convert GMAC to ZAR?
You can use our GMAC to ZAR calculator at the top of this page to convert any amount of GMAC to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 151.2 GMAC, while 5 GMAC will cost around 0.1653ZAR.
What is the highest price of GMAC/ZAR in history?
The all-time high price of 1 GMAC in ZAR is R13.42. It remains to be seen if the value of 1 GMAC/ZAR will exceed the current all-time high.
What is the price trend of Gemach in ZAR?
Over the past 7 days, the exchange rate of Gemach (GMAC) has gone up by 17.03%.   Over the last month, the exchange rate of Gemach (GMAC) has gone down by 50.87% against South African rand (ZAR).

What factors influence the conversion rate of GMAC to ZAR?

There are many factors that affect the relationship between Gemach and South African rand, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of GMAC/ZAR. When there is positive news in the market about the widespread adoption of GMAC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GMAC/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GMAC/ZAR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of GMAC/ZAR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Gemach and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Gemach currency pairs: GMAC to US Dollar (USD), GMAC to Euro (EUR), GMAC to Pound Sterling (GBP), GMAC to Canadian Dollar (CAD), GMAC to Indian Rupee (INR), GMAC to Pakistani Rupee (PKR), GMAC to Brazilian Real (BRL), GMAC to…
The price of Gemach in the US is $0.001816 USD. Additionally, Gemach’s price is €0.001567 EUR in the eurozone, £0.001371 GBP in the UK, C$0.002507 CAD in Canada, ₹0.1585 INR in India, ₨0.5075 PKR in Pakistan, R$0.01006 BRL in Brazil, and more.
The most popular Gemach currency pair is the GMAC to South African rand(ZAR). The price of 1 Gemach (GMAC) in South African rand (ZAR) is R0.03307.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.