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PRQ to ZAR Converter and calculator

PRQ/ZAR: 1 PRQ = 0.5238 ZAR. The price of converting 1 PARSIQ (PRQ) to South African rand (ZAR) is 0.5238 ZAR today.
PRQ
PRQ
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PRQ to ZAR real-time exchange rates, making it easy to convert PARSIQ (PRQ) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 PRQ is currently valued at 0.5238 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PRQ is currently valued at 0.5238 ZAR, which means buying 5 PRQ would cost 2.62 ZAR. Similarly, R1 ZAR can be converted to 1.91 PRQ, and R50 ZAR can be converted to 9.54 PRQ, excluding any platform or gas fees.

Convert PRQ to ZAR

Convert ZAR to PRQ

PARSIQ
South African rand
1 PRQ
0.5238  ZAR
Exchange 1 PRQ for 0.5238 ZAR
2 PRQ
1.05  ZAR
Exchange 2 PRQ for 1.05 ZAR
5 PRQ
2.62  ZAR
Exchange 5 PRQ for 2.62 ZAR
10 PRQ
5.24  ZAR
Exchange 10 PRQ for 5.24 ZAR
20 PRQ
10.48  ZAR
Exchange 20 PRQ for 10.48 ZAR
50 PRQ
26.19  ZAR
Exchange 50 PRQ for 26.19 ZAR
100 PRQ
52.38  ZAR
Exchange 100 PRQ for 52.38 ZAR
200 PRQ
104.77  ZAR
Exchange 200 PRQ for 104.77 ZAR
500 PRQ
261.92  ZAR
Exchange 500 PRQ for 261.92 ZAR
1000 PRQ
523.83  ZAR
Exchange 1000 PRQ for 523.83 ZAR
5000 PRQ
2,619.17  ZAR
Exchange 5000 PRQ for 2,619.17 ZAR
10000 PRQ
5,238.35  ZAR
Exchange 10000 PRQ for 5,238.35 ZAR
In the table above, you'll find a comprehensive PRQ to ZAR converter that shows the value of PARSIQ in South African rand across commonly used conversion amounts. The list covers conversions from 1 PRQ to ZAR, all the way up to 10000 PRQ, providing a clear view of their respective values.
South African rand
PARSIQ
1 ZAR
1.91 PRQ
Exchange 1 ZAR for 1.91 PRQ
10 ZAR
19.09 PRQ
Exchange 10 ZAR for 19.09 PRQ
50 ZAR
95.45 PRQ
Exchange 50 ZAR for 95.45 PRQ
100 ZAR
190.9 PRQ
Exchange 100 ZAR for 190.9 PRQ
200 ZAR
381.8 PRQ
Exchange 200 ZAR for 381.8 PRQ
500 ZAR
954.5 PRQ
Exchange 500 ZAR for 954.5 PRQ
1000 ZAR
1,909 PRQ
Exchange 1000 ZAR for 1,909 PRQ
2000 ZAR
3,818 PRQ
Exchange 2000 ZAR for 3,818 PRQ
5000 ZAR
9,544.99 PRQ
Exchange 5000 ZAR for 9,544.99 PRQ
10000 ZAR
19,089.99 PRQ
Exchange 10000 ZAR for 19,089.99 PRQ
50000 ZAR
95,449.93 PRQ
Exchange 50000 ZAR for 95,449.93 PRQ
100000 ZAR
190,899.86 PRQ
Exchange 100000 ZAR for 190,899.86 PRQ
In the table above, you'll find a comprehensive ZAR to PRQ converter that shows the value of South African rand in PARSIQ across commonly used conversion amounts. The list covers conversions from 1 ZAR to PRQ, all the way up to 100000 ZAR, providing a clear view of their respective values.

PRQ to ZAR chart

PRQ/ZAR: 1 PRQ = 0.5238 ZAR; 2025/08/12 09:06:53
In the past 1D, PARSIQ has changed +14.29% to ZAR. Based on the trend and price charts, PARSIQ(PRQ) has changed +14.29% to ZAR while South African rand(ZAR) has changed % to PRQ in the last 24 hours.
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PRQ to ZAR conversion data: Volatility and price changes of PARSIQ in ZAR

The highest PARSIQ price in ZAR over the past 7 days was 0.6733 ZAR while the lowest PARSIQ price in ZAR over the past 7 days was 0.2594 ZAR. The relative change between the highs and lows in PARSIQ price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and PRQ 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
0.5470 ZAR
0.6733 ZAR
1.7 ZAR
1.7 ZAR
Low
0.3917 ZAR
0.2594 ZAR
0.2594 ZAR
0.2442 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
+14.29%
-20.10%
-5.22%
-34.78%

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

PRQ to ZAR market statistics

PRQ/ZAR:
R0.5238
PRQ 24h volume:
R1,105,499.16
PRQ market cap:
R162,523,367.75
PRQ circulating supply:
310.26M PRQ

Current PRQ to ZAR exchange rate

PARSIQ to South African rand is falling this week.
PARSIQ's current market price is R0.5238 per PRQ, with a total market cap of R162,523,367.75 ZAR based on a circulating supply of 310,256,860 PRQ. The trading volume of PARSIQ has changed by -6.60% (R-78,094.71 ZAR) in the last 24 hours. Last trading day, PRQ's trading volume was R1,183,593.87.

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

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How to convert PRQ to ZAR

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PRQ to ZAR Conversion tables

The exchange rate of PARSIQ is decreasing.
The exchange rate of 1 PRQ to South African rand has changed by -20.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by +14.29%, reaching a high of 0.5470 ZAR and a low of 0.3917 ZAR . One month ago, the value of 1 PRQ was R0.5527 ZAR , which represents a -5.22% change from its current value. Over the last year, PARSIQ has changed by
-R
0.5469ZAR
, resulting in a change of -51.08% in its value.
24 hours ago1 month ago1 year ago
Amount 09:06 am today 24 hours ago 24h change
0.5 PRQ
R0.2619R0.2292
+14.29%
1 PRQ
R0.5238R0.4583
+14.29%
5 PRQ
R2.62R2.29
+14.29%
10 PRQ
R5.24R4.58
+14.29%
50 PRQ
R26.19R22.92
+14.29%
100 PRQ
R52.38R45.83
+14.29%
500 PRQ
R261.92R229.16
+14.29%
1000 PRQ
R523.83R458.33
+14.29%

PRQ to ZAR FAQ

How much is 1 PARSIQ in ZAR?
Right now, the price of 1 PARSIQ (PRQ) in South African rand (ZAR) is R0.5238.
How much PRQ can I buy for 1 ZAR?
Based on the current exchange rate, you can get 1.91 PRQ for 1 ZAR.
How do I calculate or convert PRQ to ZAR?
You can use our PRQ to ZAR calculator at the top of this page to convert any amount of PRQ to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 9.54 PRQ, while 5 PRQ will cost around 2.62ZAR.
What is the highest price of PRQ/ZAR in history?
The all-time high price of 1 PRQ in ZAR is R46.18. It remains to be seen if the value of 1 PRQ/ZAR will exceed the current all-time high.
What is the price trend of PARSIQ in ZAR?
Over the past 7 days, the exchange rate of PARSIQ (PRQ) has gone down by 20.10%.   Over the last month, the exchange rate of PARSIQ (PRQ) has gone down by 5.22% against South African rand (ZAR).

What factors influence the conversion rate of PRQ to ZAR?

There are many factors that affect the relationship between PARSIQ 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 PRQ/ZAR. When there is positive news in the market about the widespread adoption of PRQ or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PRQ/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PRQ/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 PRQ/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 PARSIQ 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 PARSIQ currency pairs: PRQ to US Dollar (USD), PRQ to Euro (EUR), PRQ to Pound Sterling (GBP), PRQ to Canadian Dollar (CAD), PRQ to Indian Rupee (INR), PRQ to Pakistani Rupee (PKR), PRQ to Brazilian Real (BRL), PRQ to…
The price of PARSIQ in the US is $0.02957 USD. Additionally, PARSIQ’s price is €0.02545 EUR in the eurozone, £0.02200 GBP in the UK, C$0.04076 CAD in Canada, ₹2.59 INR in India, ₨8.42 PKR in Pakistan, R$0.1609 BRL in Brazil, and more.
The most popular PARSIQ currency pair is the PRQ to South African rand(ZAR). The price of 1 PARSIQ (PRQ) in South African rand (ZAR) is R0.5238.

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