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REEF to ZAR Converter and calculator

REEF/ZAR: 1 REEF = 0.005751 ZAR. The price of converting 1 Reef (REEF) to South African rand (ZAR) is 0.005751 ZAR today.
REEF
REEF
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides REEF to ZAR real-time exchange rates, making it easy to convert Reef (REEF) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 REEF is currently valued at 0.005751 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 REEF is currently valued at 0.005751 ZAR, which means buying 5 REEF would cost 0.02875 ZAR. Similarly, R1 ZAR can be converted to 173.89 REEF, and R50 ZAR can be converted to 869.44 REEF, excluding any platform or gas fees.

Convert REEF to ZAR

Convert ZAR to REEF

Reef
South African rand
1 REEF
0.005751  ZAR
Exchange 1 REEF for 0.005751 ZAR
2 REEF
0.01150  ZAR
Exchange 2 REEF for 0.01150 ZAR
5 REEF
0.02875  ZAR
Exchange 5 REEF for 0.02875 ZAR
10 REEF
0.05751  ZAR
Exchange 10 REEF for 0.05751 ZAR
20 REEF
0.1150  ZAR
Exchange 20 REEF for 0.1150 ZAR
50 REEF
0.2875  ZAR
Exchange 50 REEF for 0.2875 ZAR
100 REEF
0.5751  ZAR
Exchange 100 REEF for 0.5751 ZAR
200 REEF
1.15  ZAR
Exchange 200 REEF for 1.15 ZAR
500 REEF
2.88  ZAR
Exchange 500 REEF for 2.88 ZAR
1000 REEF
5.75  ZAR
Exchange 1000 REEF for 5.75 ZAR
5000 REEF
28.75  ZAR
Exchange 5000 REEF for 28.75 ZAR
10000 REEF
57.51  ZAR
Exchange 10000 REEF for 57.51 ZAR
In the table above, you'll find a comprehensive REEF to ZAR converter that shows the value of Reef in South African rand across commonly used conversion amounts. The list covers conversions from 1 REEF to ZAR, all the way up to 10000 REEF, providing a clear view of their respective values.
South African rand
Reef
1 ZAR
173.89 REEF
Exchange 1 ZAR for 173.89 REEF
10 ZAR
1,738.87 REEF
Exchange 10 ZAR for 1,738.87 REEF
50 ZAR
8,694.35 REEF
Exchange 50 ZAR for 8,694.35 REEF
100 ZAR
17,388.7 REEF
Exchange 100 ZAR for 17,388.7 REEF
200 ZAR
34,777.4 REEF
Exchange 200 ZAR for 34,777.4 REEF
500 ZAR
86,943.5 REEF
Exchange 500 ZAR for 86,943.5 REEF
1000 ZAR
173,887.01 REEF
Exchange 1000 ZAR for 173,887.01 REEF
2000 ZAR
347,774.01 REEF
Exchange 2000 ZAR for 347,774.01 REEF
5000 ZAR
869,435.04 REEF
Exchange 5000 ZAR for 869,435.04 REEF
10000 ZAR
1,738,870.07 REEF
Exchange 10000 ZAR for 1,738,870.07 REEF
50000 ZAR
8,694,350.37 REEF
Exchange 50000 ZAR for 8,694,350.37 REEF
100000 ZAR
17,388,700.74 REEF
Exchange 100000 ZAR for 17,388,700.74 REEF
In the table above, you'll find a comprehensive ZAR to REEF converter that shows the value of South African rand in Reef across commonly used conversion amounts. The list covers conversions from 1 ZAR to REEF, all the way up to 100000 ZAR, providing a clear view of their respective values.

REEF to ZAR chart

REEF/ZAR: 1 REEF = 0.005751 ZAR; 2025/09/19 14:37:36
In the past 1D, Reef has changed +9.64% to ZAR. Based on the trend and price charts, Reef(REEF) has changed +9.64% to ZAR while South African rand(ZAR) has changed % to REEF in the last 24 hours.
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REEF to ZAR conversion data: Volatility and price changes of Reef in ZAR

The highest Reef price in ZAR over the past 7 days was 0.006013 ZAR while the lowest Reef price in ZAR over the past 7 days was 0.005068 ZAR. The relative change between the highs and lows in Reef price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and REEF 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
0.006013 ZAR
0.006013 ZAR
0.01295 ZAR
0.01295 ZAR
Low
0.005191 ZAR
0.005068 ZAR
0.004472 ZAR
0.003026 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
+9.64%
+0.37%
+28.36%
+13.35%

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

REEF to ZAR market statistics

REEF/ZAR:
R0.005751
REEF 24h volume:
R30,421,223.92
REEF market cap:
R120,858,326.64
REEF circulating supply:
21.02B REEF

Current REEF to ZAR exchange rate

Reef to South African rand is rising this week.
Reef's current market price is R0.005751 per REEF, with a total market cap of R120,858,326.64 ZAR based on a circulating supply of 21,015,693,000 REEF. The trading volume of Reef has changed by -24.12% (R-9,668,313.58 ZAR) in the last 24 hours. Last trading day, REEF's trading volume was R40,089,537.5.

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

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REEF to ZAR Conversion tables

The exchange rate of Reef is increasing.
The exchange rate of 1 REEF to South African rand has changed by +0.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.64%, reaching a high of 0.006013 ZAR and a low of 0.005191 ZAR . One month ago, the value of 1 REEF was R0.004480 ZAR , which represents a +28.36% change from its current value. Over the last year, Reef has changed by
-R
0.06095ZAR
, resulting in a change of -91.38% in its value.
24 hours ago1 month ago1 year ago
Amount 14:37 today 24 hours ago 24h change
0.5 REEF
R0.002875R0.002623
+9.64%
1 REEF
R0.005751R0.005245
+9.64%
5 REEF
R0.02875R0.02623
+9.64%
10 REEF
R0.05751R0.05245
+9.64%
50 REEF
R0.2875R0.2623
+9.64%
100 REEF
R0.5751R0.5245
+9.64%
500 REEF
R2.88R2.62
+9.64%
1000 REEF
R5.75R5.25
+9.64%

REEF to ZAR FAQ

How much is 1 Reef in ZAR?
Right now, the price of 1 Reef (REEF) in South African rand (ZAR) is R0.005751.
How much REEF can I buy for 1 ZAR?
Based on the current exchange rate, you can get 173.89 REEF for 1 ZAR.
How do I calculate or convert REEF to ZAR?
You can use our REEF to ZAR calculator at the top of this page to convert any amount of REEF to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 869.44 REEF, while 5 REEF will cost around 0.02875ZAR.
What is the highest price of REEF/ZAR in history?
The all-time high price of 1 REEF in ZAR is R1.02. It remains to be seen if the value of 1 REEF/ZAR will exceed the current all-time high.
What is the price trend of Reef in ZAR?
Over the past 7 days, the exchange rate of Reef (REEF) has gone up by 0.37%.   Over the last month, the exchange rate of Reef (REEF) has gone up by 28.36% against South African rand (ZAR).

What factors influence the conversion rate of REEF to ZAR?

There are many factors that affect the relationship between Reef 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 REEF/ZAR. When there is positive news in the market about the widespread adoption of REEF or major technological breakthroughs, it tends to trigger market optimism and drive the rise of REEF/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in REEF/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 REEF/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 Reef 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 Reef currency pairs: REEF to US Dollar (USD), REEF to Euro (EUR), REEF to Pound Sterling (GBP), REEF to Canadian Dollar (CAD), REEF to Indian Rupee (INR), REEF to Pakistani Rupee (PKR), REEF to Brazilian Real (BRL), REEF to…
The price of Reef in the US is $0.0003304 USD. Additionally, Reef’s price is €0.0002813 EUR in the eurozone, £0.0002452 GBP in the UK, C$0.0004566 CAD in Canada, ₹0.02914 INR in India, ₨0.09380 PKR in Pakistan, R$0.001762 BRL in Brazil, and more.
The most popular Reef currency pair is the REEF to South African rand(ZAR). The price of 1 Reef (REEF) in South African rand (ZAR) is R0.005751.

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