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SHM to ZAR Converter and calculator

SHM/ZAR: 1 SHM = 0.004421 ZAR. The price of converting 1 Shardeum (SHM) to South African rand (ZAR) is 0.004421 ZAR today.
SHM
SHM
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SHM to ZAR real-time exchange rates, making it easy to convert Shardeum (SHM) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 SHM is currently valued at 0.004421 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHM is currently valued at 0.004421 ZAR, which means buying 5 SHM would cost 0.02210 ZAR. Similarly, R1 ZAR can be converted to 226.19 SHM, and R50 ZAR can be converted to 1,130.97 SHM, excluding any platform or gas fees.

Convert SHM to ZAR

Convert ZAR to SHM

Shardeum
South African rand
1 SHM
0.004421  ZAR
Exchange 1 SHM for 0.004421 ZAR
2 SHM
0.008842  ZAR
Exchange 2 SHM for 0.008842 ZAR
5 SHM
0.02210  ZAR
Exchange 5 SHM for 0.02210 ZAR
10 SHM
0.04421  ZAR
Exchange 10 SHM for 0.04421 ZAR
20 SHM
0.08842  ZAR
Exchange 20 SHM for 0.08842 ZAR
50 SHM
0.2210  ZAR
Exchange 50 SHM for 0.2210 ZAR
100 SHM
0.4421  ZAR
Exchange 100 SHM for 0.4421 ZAR
200 SHM
0.8842  ZAR
Exchange 200 SHM for 0.8842 ZAR
500 SHM
2.21  ZAR
Exchange 500 SHM for 2.21 ZAR
1000 SHM
4.42  ZAR
Exchange 1000 SHM for 4.42 ZAR
5000 SHM
22.1  ZAR
Exchange 5000 SHM for 22.1 ZAR
10000 SHM
44.21  ZAR
Exchange 10000 SHM for 44.21 ZAR
In the table above, you'll find a comprehensive SHM to ZAR converter that shows the value of Shardeum in South African rand across commonly used conversion amounts. The list covers conversions from 1 SHM to ZAR, all the way up to 10000 SHM, providing a clear view of their respective values.
South African rand
Shardeum
1 ZAR
226.19 SHM
Exchange 1 ZAR for 226.19 SHM
10 ZAR
2,261.94 SHM
Exchange 10 ZAR for 2,261.94 SHM
50 ZAR
11,309.68 SHM
Exchange 50 ZAR for 11,309.68 SHM
100 ZAR
22,619.36 SHM
Exchange 100 ZAR for 22,619.36 SHM
200 ZAR
45,238.72 SHM
Exchange 200 ZAR for 45,238.72 SHM
500 ZAR
113,096.8 SHM
Exchange 500 ZAR for 113,096.8 SHM
1000 ZAR
226,193.6 SHM
Exchange 1000 ZAR for 226,193.6 SHM
2000 ZAR
452,387.2 SHM
Exchange 2000 ZAR for 452,387.2 SHM
5000 ZAR
1,130,967.99 SHM
Exchange 5000 ZAR for 1,130,967.99 SHM
10000 ZAR
2,261,935.98 SHM
Exchange 10000 ZAR for 2,261,935.98 SHM
50000 ZAR
11,309,679.9 SHM
Exchange 50000 ZAR for 11,309,679.9 SHM
100000 ZAR
22,619,359.8 SHM
Exchange 100000 ZAR for 22,619,359.8 SHM
In the table above, you'll find a comprehensive ZAR to SHM converter that shows the value of South African rand in Shardeum across commonly used conversion amounts. The list covers conversions from 1 ZAR to SHM, all the way up to 100000 ZAR, providing a clear view of their respective values.

SHM to ZAR chart

SHM/ZAR: 1 SHM = 0.004421 ZAR; 2025/11/17 12:54:46
In the past 1D, Shardeum has changed -5.14% to ZAR. Based on the trend and price charts, Shardeum(SHM) has changed -5.14% to ZAR while South African rand(ZAR) has changed % to SHM in the last 24 hours.
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SHM to ZAR conversion data: Volatility and price changes of Shardeum in ZAR

The highest Shardeum price in ZAR over the past 7 days was 0.006524 ZAR while the lowest Shardeum price in ZAR over the past 7 days was 0.004143 ZAR. The relative change between the highs and lows in Shardeum price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and SHM 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
0.004685 ZAR
0.006524 ZAR
1.34 ZAR
1.34 ZAR
Low
0.004143 ZAR
0.004143 ZAR
0.003858 ZAR
0.003858 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
-5.14%
-27.51%
-99.50%
-99.61%

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Buy SHM (or USDT) for ZAR (South African Rand) offers
Bitget P2P trading does not currently support direct buying of SHM with ZAR. However, you can buy USDT in Bitget P2P trading first, and then buy SHM with USDT via Bitget spot market.
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Shardeum information

SHM to ZAR market statistics

SHM/ZAR:
R0.004421
SHM 24h volume:
R6,249,548.12
SHM market cap:
R85,692.78
SHM circulating supply:
19.38M SHM

Current SHM to ZAR exchange rate

Shardeum to South African rand is falling this week.
Shardeum's current market price is R0.004421 per SHM, with a total market cap of R85,692.78 ZAR based on a circulating supply of 19,383,158 SHM. The trading volume of Shardeum has changed by -45.75% (R-5,270,228.84 ZAR) in the last 24 hours. Last trading day, SHM's trading volume was R11,519,776.96.

More info about Shardeum 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 Shardeum currency pair is the SHM to ZAR, with for Shardeum's currency code being SHM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ZAR.

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How to convert SHM to ZAR

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SHM to ZAR Conversion tables

The exchange rate of Shardeum is decreasing.
The exchange rate of 1 SHM to South African rand has changed by -27.51% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.14%, reaching a high of 0.004685 ZAR and a low of 0.004143 ZAR . One month ago, the value of 1 SHM was R0.8713 ZAR , which represents a -99.50% change from its current value. Over the last year, Shardeum has changed by
+R
0.004403ZAR
, resulting in a change of -99.87% in its value.
24 hours ago1 month ago1 year ago
Amount 12:54 today 24 hours ago 24h change
0.5 SHM
R0.002210R0.002330
-5.14%
1 SHM
R0.004421R0.004659
-5.14%
5 SHM
R0.02210R0.02330
-5.14%
10 SHM
R0.04421R0.04659
-5.14%
50 SHM
R0.2210R0.2330
-5.14%
100 SHM
R0.4421R0.4659
-5.14%
500 SHM
R2.21R2.33
-5.14%
1000 SHM
R4.42R4.66
-5.14%

SHM to ZAR FAQ

How much is 1 Shardeum in ZAR?
Right now, the price of 1 Shardeum (SHM) in South African rand (ZAR) is R0.004421.
How much SHM can I buy for 1 ZAR?
Based on the current exchange rate, you can get 226.19 SHM for 1 ZAR.
How do I calculate or convert SHM to ZAR?
You can use our SHM to ZAR calculator at the top of this page to convert any amount of SHM to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 1,130.97 SHM, while 5 SHM will cost around 0.02210ZAR.
What is the highest price of SHM/ZAR in history?
The all-time high price of 1 SHM in ZAR is R6.32. It remains to be seen if the value of 1 SHM/ZAR will exceed the current all-time high.
What is the price trend of Shardeum in ZAR?
Over the past 7 days, the exchange rate of Shardeum (SHM) has gone down by 27.51%.   Over the last month, the exchange rate of Shardeum (SHM) has gone down by 99.50% against South African rand (ZAR).

What factors influence the conversion rate of SHM to ZAR?

There are many factors that affect the relationship between Shardeum 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 SHM/ZAR. When there is positive news in the market about the widespread adoption of SHM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SHM/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SHM/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 SHM/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 Shardeum 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 Shardeum currency pairs: SHM to US Dollar (USD), SHM to Euro (EUR), SHM to Pound Sterling (GBP), SHM to Canadian Dollar (CAD), SHM to Indian Rupee (INR), SHM to Pakistani Rupee (PKR), SHM to Brazilian Real (BRL), SHM to…
The price of Shardeum in the US is $0.0002592 USD. Additionally, Shardeum’s price is €0.0002233 EUR in the eurozone, £0.0001968 GBP in the UK, C$0.0003635 CAD in Canada, ₹0.02297 INR in India, ₨0.07335 PKR in Pakistan, R$0.001373 BRL in Brazil, and more.
The most popular Shardeum currency pair is the SHM to South African rand(ZAR). The price of 1 Shardeum (SHM) in South African rand (ZAR) is R0.004421.

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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.