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Spheron Network to South African rand (SPON to ZAR)

SPON to ZAR Converter and calculator

SPON/ZAR: 1 SPON = 0.04237 ZAR. The price of converting 1 Spheron Network (SPON) to South African rand (ZAR) is 0.04237 ZAR today.
SPON
SPON
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SPON to ZAR real-time exchange rates, making it easy to convert Spheron Network (SPON) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 SPON is currently valued at 0.04237 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SPON is currently valued at 0.04237 ZAR, which means buying 5 SPON would cost 0.2119 ZAR. Similarly, R1 ZAR can be converted to 23.6 SPON, and R50 ZAR can be converted to 118 SPON, excluding any platform or gas fees.

Convert SPON to ZAR

Convert ZAR to SPON

Spheron Network
South African rand
1 SPON
0.04237  ZAR
Exchange 1 SPON for 0.04237 ZAR
2 SPON
0.08475  ZAR
Exchange 2 SPON for 0.08475 ZAR
5 SPON
0.2119  ZAR
Exchange 5 SPON for 0.2119 ZAR
10 SPON
0.4237  ZAR
Exchange 10 SPON for 0.4237 ZAR
20 SPON
0.8475  ZAR
Exchange 20 SPON for 0.8475 ZAR
50 SPON
2.12  ZAR
Exchange 50 SPON for 2.12 ZAR
100 SPON
4.24  ZAR
Exchange 100 SPON for 4.24 ZAR
200 SPON
8.47  ZAR
Exchange 200 SPON for 8.47 ZAR
500 SPON
21.19  ZAR
Exchange 500 SPON for 21.19 ZAR
1000 SPON
42.37  ZAR
Exchange 1000 SPON for 42.37 ZAR
5000 SPON
211.86  ZAR
Exchange 5000 SPON for 211.86 ZAR
10000 SPON
423.73  ZAR
Exchange 10000 SPON for 423.73 ZAR
In the table above, you'll find a comprehensive SPON to ZAR converter that shows the value of Spheron Network in South African rand across commonly used conversion amounts. The list covers conversions from 1 SPON to ZAR, all the way up to 10000 SPON, providing a clear view of their respective values.
South African rand
Spheron Network
1 ZAR
23.6 SPON
Exchange 1 ZAR for 23.6 SPON
10 ZAR
236 SPON
Exchange 10 ZAR for 236 SPON
50 ZAR
1,180 SPON
Exchange 50 ZAR for 1,180 SPON
100 ZAR
2,360 SPON
Exchange 100 ZAR for 2,360 SPON
200 ZAR
4,720 SPON
Exchange 200 ZAR for 4,720 SPON
500 ZAR
11,800.01 SPON
Exchange 500 ZAR for 11,800.01 SPON
1000 ZAR
23,600.02 SPON
Exchange 1000 ZAR for 23,600.02 SPON
2000 ZAR
47,200.05 SPON
Exchange 2000 ZAR for 47,200.05 SPON
5000 ZAR
118,000.12 SPON
Exchange 5000 ZAR for 118,000.12 SPON
10000 ZAR
236,000.25 SPON
Exchange 10000 ZAR for 236,000.25 SPON
50000 ZAR
1,180,001.24 SPON
Exchange 50000 ZAR for 1,180,001.24 SPON
100000 ZAR
2,360,002.47 SPON
Exchange 100000 ZAR for 2,360,002.47 SPON
In the table above, you'll find a comprehensive ZAR to SPON converter that shows the value of South African rand in Spheron Network across commonly used conversion amounts. The list covers conversions from 1 ZAR to SPON, all the way up to 100000 ZAR, providing a clear view of their respective values.

SPON to ZAR chart

SPON/ZAR: 1 SPON = 0.04237 ZAR; 2026/01/18 08:27:31
In the past 1D, Spheron Network has changed -4.46% to ZAR. Based on the trend and price charts, Spheron Network(SPON) has changed -4.46% to ZAR while South African rand(ZAR) has changed % to SPON in the last 24 hours.
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SPON to ZAR conversion data: Volatility and price changes of Spheron Network in ZAR

The highest Spheron Network price in ZAR over the past 7 days was 0.04882 ZAR while the lowest Spheron Network price in ZAR over the past 7 days was 0.04237 ZAR. The relative change between the highs and lows in Spheron Network price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and SPON 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
0.04449 ZAR
0.04882 ZAR
0.06398 ZAR
0.3095 ZAR
Low
0.04237 ZAR
0.04237 ZAR
0.04237 ZAR
0.04237 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
-4.46%
-12.73%
-33.37%
-86.20%

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

SPON to ZAR market statistics

SPON/ZAR:
R0.04237
SPON 24h volume:
R1,956,941.45
SPON market cap:
R9,046,777.49
SPON circulating supply:
213.50M SPON

Current SPON to ZAR exchange rate

Spheron Network to South African rand is falling this week.
Spheron Network's current market price is R0.04237 per SPON, with a total market cap of R9,046,777.49 ZAR based on a circulating supply of 213,504,160 SPON. The trading volume of Spheron Network has changed by -32.90% (R-959,644.16 ZAR) in the last 24 hours. Last trading day, SPON's trading volume was R2,916,585.61.

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

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How to convert SPON to ZAR

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SPON to ZAR Conversion tables

The exchange rate of Spheron Network is decreasing.
The exchange rate of 1 SPON to South African rand has changed by -12.73% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.46%, reaching a high of 0.04449 ZAR and a low of 0.04237 ZAR . One month ago, the value of 1 SPON was R0.06359 ZAR , which represents a -33.37% change from its current value. Over the last year, Spheron Network has changed by
+R
0.04237ZAR
, resulting in a change of -95.94% in its value.
24 hours ago1 month ago1 year ago
Amount 08:27 am today 24 hours ago 24h change
0.5 SPON
R0.02119R0.02218
-4.46%
1 SPON
R0.04237R0.04435
-4.46%
5 SPON
R0.2119R0.2218
-4.46%
10 SPON
R0.4237R0.4435
-4.46%
50 SPON
R2.12R2.22
-4.46%
100 SPON
R4.24R4.44
-4.46%
500 SPON
R21.19R22.18
-4.46%
1000 SPON
R42.37R44.35
-4.46%

SPON to ZAR FAQ

How much is 1 Spheron Network in ZAR?
Right now, the price of 1 Spheron Network (SPON) in South African rand (ZAR) is R0.04237.
How much SPON can I buy for 1 ZAR?
Based on the current exchange rate, you can get 23.6 SPON for 1 ZAR.
How do I calculate or convert SPON to ZAR?
You can use our SPON to ZAR calculator at the top of this page to convert any amount of SPON to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 118 SPON, while 5 SPON will cost around 0.2119ZAR.
What is the highest price of SPON/ZAR in history?
The all-time high price of 1 SPON in ZAR is R4.42. It remains to be seen if the value of 1 SPON/ZAR will exceed the current all-time high.
What is the price trend of Spheron Network in ZAR?
Over the past 7 days, the exchange rate of Spheron Network (SPON) has gone down by 12.73%.   Over the last month, the exchange rate of Spheron Network (SPON) has gone down by 33.37% against South African rand (ZAR).

What factors influence the conversion rate of SPON to ZAR?

There are many factors that affect the relationship between Spheron Network 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 SPON/ZAR. When there is positive news in the market about the widespread adoption of SPON or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SPON/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SPON/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 SPON/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 Spheron Network 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 Spheron Network currency pairs: SPON to US Dollar (USD), SPON to Euro (EUR), SPON to Pound Sterling (GBP), SPON to Canadian Dollar (CAD), SPON to Indian Rupee (INR), SPON to Pakistani Rupee (PKR), SPON to Brazilian Real (BRL), SPON to…
The price of Spheron Network in the US is $0.002583 USD. Additionally, Spheron Network’s price is €0.002225 EUR in the eurozone, £0.001929 GBP in the UK, C$0.003596 CAD in Canada, ₹0.2347 INR in India, ₨0.7237 PKR in Pakistan, R$0.01387 BRL in Brazil, and more.
The most popular Spheron Network currency pair is the SPON to South African rand(ZAR). The price of 1 Spheron Network (SPON) in South African rand (ZAR) is R0.04237.

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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.
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