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STEEL to ZAR Converter and calculator

STEEL/ZAR: 1 STEEL = 0.{4}5631 ZAR. The price of converting 1 Steel (STEEL) to South African rand (ZAR) is 0.{4}5631 ZAR today.
STEEL
STEEL
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides STEEL to ZAR real-time exchange rates, making it easy to convert Steel (STEEL) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 STEEL is currently valued at 0.{4}5631 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 STEEL is currently valued at 0.{4}5631 ZAR, which means buying 5 STEEL would cost 0.0002815 ZAR. Similarly, R1 ZAR can be converted to 17,760.21 STEEL, and R50 ZAR can be converted to 88,801.06 STEEL, excluding any platform or gas fees.

Convert STEEL to ZAR

Convert ZAR to STEEL

Steel
South African rand
1 STEEL
0.{4}5631  ZAR
Exchange 1 STEEL for 0.{4}5631 ZAR
2 STEEL
0.0001126  ZAR
Exchange 2 STEEL for 0.0001126 ZAR
5 STEEL
0.0002815  ZAR
Exchange 5 STEEL for 0.0002815 ZAR
10 STEEL
0.0005631  ZAR
Exchange 10 STEEL for 0.0005631 ZAR
20 STEEL
0.001126  ZAR
Exchange 20 STEEL for 0.001126 ZAR
50 STEEL
0.002815  ZAR
Exchange 50 STEEL for 0.002815 ZAR
100 STEEL
0.005631  ZAR
Exchange 100 STEEL for 0.005631 ZAR
200 STEEL
0.01126  ZAR
Exchange 200 STEEL for 0.01126 ZAR
500 STEEL
0.02815  ZAR
Exchange 500 STEEL for 0.02815 ZAR
1000 STEEL
0.05631  ZAR
Exchange 1000 STEEL for 0.05631 ZAR
5000 STEEL
0.2815  ZAR
Exchange 5000 STEEL for 0.2815 ZAR
10000 STEEL
0.5631  ZAR
Exchange 10000 STEEL for 0.5631 ZAR
In the table above, you'll find a comprehensive STEEL to ZAR converter that shows the value of Steel in South African rand across commonly used conversion amounts. The list covers conversions from 1 STEEL to ZAR, all the way up to 10000 STEEL, providing a clear view of their respective values.
South African rand
Steel
1 ZAR
17,760.21 STEEL
Exchange 1 ZAR for 17,760.21 STEEL
10 ZAR
177,602.12 STEEL
Exchange 10 ZAR for 177,602.12 STEEL
50 ZAR
888,010.62 STEEL
Exchange 50 ZAR for 888,010.62 STEEL
100 ZAR
1,776,021.25 STEEL
Exchange 100 ZAR for 1,776,021.25 STEEL
200 ZAR
3,552,042.49 STEEL
Exchange 200 ZAR for 3,552,042.49 STEEL
500 ZAR
8,880,106.23 STEEL
Exchange 500 ZAR for 8,880,106.23 STEEL
1000 ZAR
17,760,212.46 STEEL
Exchange 1000 ZAR for 17,760,212.46 STEEL
2000 ZAR
35,520,424.91 STEEL
Exchange 2000 ZAR for 35,520,424.91 STEEL
5000 ZAR
88,801,062.28 STEEL
Exchange 5000 ZAR for 88,801,062.28 STEEL
10000 ZAR
177,602,124.56 STEEL
Exchange 10000 ZAR for 177,602,124.56 STEEL
50000 ZAR
888,010,622.78 STEEL
Exchange 50000 ZAR for 888,010,622.78 STEEL
100000 ZAR
1,776,021,245.55 STEEL
Exchange 100000 ZAR for 1,776,021,245.55 STEEL
In the table above, you'll find a comprehensive ZAR to STEEL converter that shows the value of South African rand in Steel across commonly used conversion amounts. The list covers conversions from 1 ZAR to STEEL, all the way up to 100000 ZAR, providing a clear view of their respective values.

STEEL to ZAR chart

STEEL/ZAR: 1 STEEL = 0.{4}5631 ZAR; 2025/12/14 00:46:58
In the past 1D, Steel has changed 0.00% to ZAR. Based on the trend and price charts, Steel(STEEL) has changed 0.00% to ZAR while South African rand(ZAR) has changed % to STEEL in the last 24 hours.
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STEEL to ZAR conversion data: Volatility and price changes of Steel in ZAR

The highest Steel price in ZAR over the past 7 days was -- ZAR while the lowest Steel price in ZAR over the past 7 days was -- ZAR. The relative change between the highs and lows in Steel price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and STEEL 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.{4}5631 ZAR
-- ZAR
-- ZAR
-- ZAR
Low
0.{4}5631 ZAR
-- ZAR
-- ZAR
-- ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
--
--
--
--

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Steel information

STEEL to ZAR market statistics

STEEL/ZAR:
R0.{4}5631
STEEL 24h volume:
R6.22
STEEL market cap:
R56,229.99
STEEL circulating supply:
998.66M STEEL

Current STEEL to ZAR exchange rate

Steel to South African rand is falling this week.
Steel's current market price is R0.{4}5631 per STEEL, with a total market cap of R56,229.99 ZAR based on a circulating supply of 998,656,600 STEEL. The trading volume of Steel has changed by --% (R-- ZAR) in the last 24 hours. Last trading day, STEEL's trading volume was R--.

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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 Steel currency pair is the STEEL to ZAR, with for Steel's currency code being STEEL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ZAR.

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How to convert STEEL to ZAR

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STEEL to ZAR Conversion tables

The exchange rate of Steel is decreasing.
The exchange rate of 1 STEEL to South African rand has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by 0.00%, reaching a high of 0.{4}5631 ZAR and a low of 0.{4}5631 ZAR . One month ago, the value of 1 STEEL was R-- ZAR , which represents a --% change from its current value. Over the last year, Steel has changed by
-R
--ZAR
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 00:46 am today 24 hours ago 24h change
0.5 STEEL
R0.{4}2815R--
0.00%
1 STEEL
R0.{4}5631R--
0.00%
5 STEEL
R0.0002815R--
0.00%
10 STEEL
R0.0005631R--
0.00%
50 STEEL
R0.002815R--
0.00%
100 STEEL
R0.005631R--
0.00%
500 STEEL
R0.02815R--
0.00%
1000 STEEL
R0.05631R--
0.00%

STEEL to ZAR FAQ

How much is 1 Steel in ZAR?
Right now, the price of 1 Steel (STEEL) in South African rand (ZAR) is R0.{4}5631.
How much STEEL can I buy for 1 ZAR?
Based on the current exchange rate, you can get 17,760.21 STEEL for 1 ZAR.
How do I calculate or convert STEEL to ZAR?
You can use our STEEL to ZAR calculator at the top of this page to convert any amount of STEEL to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 88,801.06 STEEL, while 5 STEEL will cost around 0.0002815ZAR.
What is the highest price of STEEL/ZAR in history?
The all-time high price of 1 STEEL in ZAR is --. It remains to be seen if the value of 1 STEEL/ZAR will exceed the current all-time high.
What is the price trend of Steel in ZAR?
Over the past 7 days, the exchange rate of Steel (STEEL) has gone down by --.   Over the last month, the exchange rate of Steel (STEEL) has gone down by -- against South African rand (ZAR).

What factors influence the conversion rate of STEEL to ZAR?

There are many factors that affect the relationship between Steel 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 STEEL/ZAR. When there is positive news in the market about the widespread adoption of STEEL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of STEEL/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in STEEL/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 STEEL/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 Steel 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 Steel currency pairs: STEEL to US Dollar (USD), STEEL to Euro (EUR), STEEL to Pound Sterling (GBP), STEEL to Canadian Dollar (CAD), STEEL to Indian Rupee (INR), STEEL to Pakistani Rupee (PKR), STEEL to Brazilian Real (BRL), STEEL to…
The price of Steel in the US is $0.{5}3337 USD. Additionally, Steel’s price is €0.{5}2843 EUR in the eurozone, £0.{5}2495 GBP in the UK, C$0.{5}4597 CAD in Canada, ₹0.0003022 INR in India, ₨0.0009336 PKR in Pakistan, R$0.{4}1808 BRL in Brazil, and more.
The most popular Steel currency pair is the STEEL to South African rand(ZAR). The price of 1 Steel (STEEL) in South African rand (ZAR) is R0.{4}5631.

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