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IOTX to ZAR Converter and calculator

IOTX/ZAR: 1 IOTX = 0.3944 ZAR. The price of converting 1 IoTeX (IOTX) to South African rand (ZAR) is 0.3944 ZAR today.
IOTX
IOTX
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides IOTX to ZAR real-time exchange rates, making it easy to convert IoTeX (IOTX) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 IOTX is currently valued at 0.3944 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 IOTX is currently valued at 0.3944 ZAR, which means buying 5 IOTX would cost 1.97 ZAR. Similarly, R1 ZAR can be converted to 2.54 IOTX, and R50 ZAR can be converted to 12.68 IOTX, excluding any platform or gas fees.

Convert IOTX to ZAR

Convert ZAR to IOTX

IoTeX
South African rand
1000 IOTX
394.38  ZAR
5000 IOTX
1,971.91  ZAR
10000 IOTX
3,943.83  ZAR
In the table above, you'll find a comprehensive IOTX to ZAR converter that shows the value of IoTeX in South African rand across commonly used conversion amounts. The list covers conversions from 1 IOTX to ZAR, all the way up to 10000 IOTX, providing a clear view of their respective values.
South African rand
IoTeX
5000 ZAR
12,678.04 IOTX
10000 ZAR
25,356.08 IOTX
50000 ZAR
126,780.38 IOTX
100000 ZAR
253,560.77 IOTX
In the table above, you'll find a comprehensive ZAR to IOTX converter that shows the value of South African rand in IoTeX across commonly used conversion amounts. The list covers conversions from 1 ZAR to IOTX, all the way up to 100000 ZAR, providing a clear view of their respective values.

IOTX to ZAR chart

IOTX/ZAR: 1 IOTX = 0.3944 ZAR; 2025/06/14 10:02:59
In the past 1D, IoTeX has changed +1.06% to ZAR. Based on the trend and price charts, IoTeX(IOTX) has changed +1.06% to ZAR while South African rand(ZAR) has changed % to IOTX in the last 24 hours.
1D7D1M3M1YAll

IOTX to ZAR conversion data: Volatility and price changes of IoTeX in ZAR

The highest IoTeX price in ZAR over the past 7 days was 0.4145 ZAR while the lowest IoTeX price in ZAR over the past 7 days was 0.3627 ZAR. The relative change between the highs and lows in IoTeX price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and IOTX 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
0.3979 ZAR
0.4145 ZAR
0.4614 ZAR
0.4614 ZAR
Low
0.3892 ZAR
0.3627 ZAR
0.3333 ZAR
0.2908 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
+1.06%
+5.25%
+16.04%
+24.98%

IoTeX information

IOTX to ZAR market statistics

IOTX/ZAR:
R0.3944
IOTX 24h volume:
R194,843,293.87
IOTX market cap:
R3,723,513,406.65
IOTX circulating supply:
9.44B IOTX

Current IOTX to ZAR exchange rate

IoTeX to South African rand is rising this week.
IoTeX's current market price is R0.3944 per IOTX, with a total market cap of R3,723,513,406.65 ZAR based on a circulating supply of 9,441,369,000 IOTX. The trading volume of IoTeX has changed by -46.73% (R-170,925,661.85 ZAR) in the last 24 hours. Last trading day, IOTX's trading volume was R365,768,955.72.

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

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IOTX to ZAR Conversion tables

The exchange rate of IoTeX is increasing.
The exchange rate of 1 IOTX to South African rand has changed by +5.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.06%, reaching a high of 0.3979 ZAR and a low of 0.3892 ZAR . One month ago, the value of 1 IOTX was R0.3398 ZAR , which represents a +16.04% change from its current value. Over the last year, IoTeX has changed by
-R
0.4949ZAR
, resulting in a change of -55.61% in its value.
24 hours ago1 month ago1 year ago
Amount 10:02 am today 24 hours ago 24h change
0.5 IOTX
R0.1972R0.1951
+1.06%
1 IOTX
R0.3944R0.3902
+1.06%
5 IOTX
R1.97R1.95
+1.06%
10 IOTX
R3.94R3.9
+1.06%
50 IOTX
R19.72R19.51
+1.06%
100 IOTX
R39.44R39.02
+1.06%
500 IOTX
R197.19R195.12
+1.06%
1000 IOTX
R394.38R390.25
+1.06%

IOTX to ZAR FAQ

How much is 1 IoTeX in ZAR?
Right now, the price of 1 IoTeX (IOTX) in South African rand (ZAR) is R0.3944.
How much IOTX can I buy for 1 ZAR?
Based on the current exchange rate, you can get 2.54 IOTX for 1 ZAR.
How do I calculate or convert IOTX to ZAR?
You can use our IOTX to ZAR calculator at the top of this page to convert any amount of IOTX to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 12.68 IOTX, while 5 IOTX will cost around 1.97ZAR.
What is the highest price of IOTX/ZAR in history?
The all-time high price of 1 IOTX in ZAR is R4.69. It remains to be seen if the value of 1 IOTX/ZAR will exceed the current all-time high.
What is the price trend of IoTeX in ZAR?
Over the past 7 days, the exchange rate of IoTeX (IOTX) has gone up by 5.25%.   Over the last month, the exchange rate of IoTeX (IOTX) has gone up by 16.04% against South African rand (ZAR).

What factors influence the conversion rate of IOTX to ZAR?

There are many factors that affect the relationship between IoTeX 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 IOTX/ZAR. When there is positive news in the market about the widespread adoption of IOTX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of IOTX/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in IOTX/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 IOTX/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 IoTeX 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 IoTeX currency pairs: IOTX to US Dollar (USD), IOTX to Euro (EUR), IOTX to Pound Sterling (GBP), IOTX to Canadian Dollar (CAD), IOTX to Indian Rupee (INR), IOTX to Pakistani Rupee (PKR), IOTX to Brazilian Real (BRL), IOTX to…
The price of IoTeX in the US is $0.02197 USD. Additionally, IoTeX’s price is €0.01903 EUR in the eurozone, £0.01620 GBP in the UK, C$0.02986 CAD in Canada, ₹1.89 INR in India, ₨6.22 PKR in Pakistan, R$0.1219 BRL in Brazil, and more.
The most popular IoTeX currency pair is the IOTX to South African rand(ZAR). The price of 1 IoTeX (IOTX) in South African rand (ZAR) is R0.3944.

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