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SOMI to ZAR Converter and calculator

SOMI/ZAR: 1 SOMI = 16.22 ZAR. The price of converting 1 SomniaOFT (SOMI) to South African rand (ZAR) is 16.22 ZAR today.
SOMI
SOMI
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SOMI to ZAR real-time exchange rates, making it easy to convert SomniaOFT (SOMI) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 SOMI is currently valued at 16.22 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SOMI is currently valued at 16.22 ZAR, which means buying 5 SOMI would cost 81.1 ZAR. Similarly, R1 ZAR can be converted to 0.06165 SOMI, and R50 ZAR can be converted to 0.3083 SOMI, excluding any platform or gas fees.

Convert SOMI to ZAR

Convert ZAR to SOMI

SomniaOFT
South African rand
1 SOMI
16.22  ZAR
Exchange 1 SOMI for 16.22 ZAR
2 SOMI
32.44  ZAR
Exchange 2 SOMI for 32.44 ZAR
5 SOMI
81.1  ZAR
Exchange 5 SOMI for 81.1 ZAR
10 SOMI
162.19  ZAR
Exchange 10 SOMI for 162.19 ZAR
20 SOMI
324.39  ZAR
Exchange 20 SOMI for 324.39 ZAR
50 SOMI
810.97  ZAR
Exchange 50 SOMI for 810.97 ZAR
100 SOMI
1,621.94  ZAR
Exchange 100 SOMI for 1,621.94 ZAR
200 SOMI
3,243.88  ZAR
Exchange 200 SOMI for 3,243.88 ZAR
500 SOMI
8,109.71  ZAR
Exchange 500 SOMI for 8,109.71 ZAR
1000 SOMI
16,219.41  ZAR
Exchange 1000 SOMI for 16,219.41 ZAR
5000 SOMI
81,097.05  ZAR
Exchange 5000 SOMI for 81,097.05 ZAR
10000 SOMI
162,194.1  ZAR
Exchange 10000 SOMI for 162,194.1 ZAR
In the table above, you'll find a comprehensive SOMI to ZAR converter that shows the value of SomniaOFT in South African rand across commonly used conversion amounts. The list covers conversions from 1 SOMI to ZAR, all the way up to 10000 SOMI, providing a clear view of their respective values.
South African rand
SomniaOFT
1 ZAR
0.06165 SOMI
Exchange 1 ZAR for 0.06165 SOMI
10 ZAR
0.6165 SOMI
Exchange 10 ZAR for 0.6165 SOMI
50 ZAR
3.08 SOMI
Exchange 50 ZAR for 3.08 SOMI
100 ZAR
6.17 SOMI
Exchange 100 ZAR for 6.17 SOMI
200 ZAR
12.33 SOMI
Exchange 200 ZAR for 12.33 SOMI
500 ZAR
30.83 SOMI
Exchange 500 ZAR for 30.83 SOMI
1000 ZAR
61.65 SOMI
Exchange 1000 ZAR for 61.65 SOMI
2000 ZAR
123.31 SOMI
Exchange 2000 ZAR for 123.31 SOMI
5000 ZAR
308.27 SOMI
Exchange 5000 ZAR for 308.27 SOMI
10000 ZAR
616.55 SOMI
Exchange 10000 ZAR for 616.55 SOMI
50000 ZAR
3,082.73 SOMI
Exchange 50000 ZAR for 3,082.73 SOMI
100000 ZAR
6,165.45 SOMI
Exchange 100000 ZAR for 6,165.45 SOMI
In the table above, you'll find a comprehensive ZAR to SOMI converter that shows the value of South African rand in SomniaOFT across commonly used conversion amounts. The list covers conversions from 1 ZAR to SOMI, all the way up to 100000 ZAR, providing a clear view of their respective values.

SOMI to ZAR chart

SOMI/ZAR: 1 SOMI = 16.22 ZAR; 2025/09/11 16:27:25
In the past 1D, SomniaOFT has changed -0.10% to ZAR. Based on the trend and price charts, SomniaOFT(SOMI) has changed -0.10% to ZAR while South African rand(ZAR) has changed % to SOMI in the last 24 hours.
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SOMI to ZAR conversion data: Volatility and price changes of SomniaOFT in ZAR

The highest SomniaOFT price in ZAR over the past 7 days was -- ZAR while the lowest SomniaOFT price in ZAR over the past 7 days was -- ZAR. The relative change between the highs and lows in SomniaOFT price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and SOMI 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
18.45 ZAR
-- ZAR
-- ZAR
-- ZAR
Low
4.07 ZAR
-- ZAR
-- ZAR
-- ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
-0.10%
--
--
--

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

SOMI to ZAR market statistics

SOMI/ZAR:
R16.22
SOMI 24h volume:
R23,198,389.23
SOMI market cap:
R501,022,566.79
SOMI circulating supply:
30.89M SOMI

Current SOMI to ZAR exchange rate

SomniaOFT to South African rand is falling this week.
SomniaOFT's current market price is R16.22 per SOMI, with a total market cap of R501,022,566.79 ZAR based on a circulating supply of 30,890,308 SOMI. The trading volume of SomniaOFT has changed by --% (R-- ZAR) in the last 24 hours. Last trading day, SOMI's trading volume was R--.

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

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SOMI to ZAR Conversion tables

The exchange rate of SomniaOFT is decreasing.
The exchange rate of 1 SOMI to South African rand has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.10%, reaching a high of 18.45 ZAR and a low of 4.07 ZAR . One month ago, the value of 1 SOMI was R-- ZAR , which represents a --% change from its current value. Over the last year, SomniaOFT has changed by
-R
--ZAR
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 16:27 today 24 hours ago 24h change
0.5 SOMI
R8.11R--
-0.10%
1 SOMI
R16.22R--
-0.10%
5 SOMI
R81.1R--
-0.10%
10 SOMI
R162.19R--
-0.10%
50 SOMI
R810.97R--
-0.10%
100 SOMI
R1,621.94R--
-0.10%
500 SOMI
R8,109.71R--
-0.10%
1000 SOMI
R16,219.41R--
-0.10%

SOMI to ZAR FAQ

How much is 1 SomniaOFT in ZAR?
Right now, the price of 1 SomniaOFT (SOMI) in South African rand (ZAR) is R16.22.
How much SOMI can I buy for 1 ZAR?
Based on the current exchange rate, you can get 0.06165 SOMI for 1 ZAR.
How do I calculate or convert SOMI to ZAR?
You can use our SOMI to ZAR calculator at the top of this page to convert any amount of SOMI to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 0.3083 SOMI, while 5 SOMI will cost around 81.1ZAR.
What is the highest price of SOMI/ZAR in history?
The all-time high price of 1 SOMI in ZAR is --. It remains to be seen if the value of 1 SOMI/ZAR will exceed the current all-time high.
What is the price trend of SomniaOFT in ZAR?
Over the past 7 days, the exchange rate of SomniaOFT (SOMI) has gone down by --.   Over the last month, the exchange rate of SomniaOFT (SOMI) has gone down by -- against South African rand (ZAR).

What factors influence the conversion rate of SOMI to ZAR?

There are many factors that affect the relationship between SomniaOFT 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 SOMI/ZAR. When there is positive news in the market about the widespread adoption of SOMI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SOMI/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SOMI/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 SOMI/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 SomniaOFT 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 SomniaOFT currency pairs: SOMI to US Dollar (USD), SOMI to Euro (EUR), SOMI to Pound Sterling (GBP), SOMI to Canadian Dollar (CAD), SOMI to Indian Rupee (INR), SOMI to Pakistani Rupee (PKR), SOMI to Brazilian Real (BRL), SOMI to…
The price of SomniaOFT in the US is $0.9332 USD. Additionally, SomniaOFT’s price is €0.7950 EUR in the eurozone, £0.6873 GBP in the UK, C$1.29 CAD in Canada, ₹82.39 INR in India, ₨264.78 PKR in Pakistan, R$5.02 BRL in Brazil, and more.
The most popular SomniaOFT currency pair is the SOMI to South African rand(ZAR). The price of 1 SomniaOFT (SOMI) in South African rand (ZAR) is R16.22.

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