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PLACE to ZAR Converter and calculator

PLACE/ZAR: 1 PLACE = 0.0009574 ZAR. The price of converting 1 PlaceWar (PLACE) to South African rand (ZAR) is 0.0009574 ZAR today.
PLACE
PLACE
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PLACE to ZAR real-time exchange rates, making it easy to convert PlaceWar (PLACE) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 PLACE is currently valued at 0.0009574 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PLACE is currently valued at 0.0009574 ZAR, which means buying 5 PLACE would cost 0.004787 ZAR. Similarly, R1 ZAR can be converted to 1,044.52 PLACE, and R50 ZAR can be converted to 5,222.61 PLACE, excluding any platform or gas fees.

Convert PLACE to ZAR

Convert ZAR to PLACE

PlaceWar
South African rand
1 PLACE
0.0009574  ZAR
2 PLACE
0.001915  ZAR
5 PLACE
0.004787  ZAR
10 PLACE
0.009574  ZAR
20 PLACE
0.01915  ZAR
50 PLACE
0.04787  ZAR
100 PLACE
0.09574  ZAR
200 PLACE
0.1915  ZAR
500 PLACE
0.4787  ZAR
1000 PLACE
0.9574  ZAR
10000 PLACE
9.57  ZAR
In the table above, you'll find a comprehensive PLACE to ZAR converter that shows the value of PlaceWar in South African rand across commonly used conversion amounts. The list covers conversions from 1 PLACE to ZAR, all the way up to 10000 PLACE, providing a clear view of their respective values.
South African rand
PlaceWar
100 ZAR
104,452.14 PLACE
200 ZAR
208,904.28 PLACE
500 ZAR
522,260.71 PLACE
1000 ZAR
1,044,521.42 PLACE
2000 ZAR
2,089,042.83 PLACE
5000 ZAR
5,222,607.08 PLACE
10000 ZAR
10,445,214.16 PLACE
50000 ZAR
52,226,070.82 PLACE
100000 ZAR
104,452,141.63 PLACE
In the table above, you'll find a comprehensive ZAR to PLACE converter that shows the value of South African rand in PlaceWar across commonly used conversion amounts. The list covers conversions from 1 ZAR to PLACE, all the way up to 100000 ZAR, providing a clear view of their respective values.

PLACE to ZAR chart

PLACE/ZAR: 1 PLACE = 0.0009574 ZAR; 2025/06/22 13:26:16
In the past 1D, PlaceWar has changed -6.16% to ZAR. Based on the trend and price charts, PlaceWar(PLACE) has changed -6.16% to ZAR while South African rand(ZAR) has changed % to PLACE in the last 24 hours.
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PLACE to ZAR conversion data: Volatility and price changes of PlaceWar in ZAR

The highest PlaceWar price in ZAR over the past 7 days was 0.003715 ZAR while the lowest PlaceWar price in ZAR over the past 7 days was 0.0009340 ZAR. The relative change between the highs and lows in PlaceWar price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and PLACE 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
0.001021 ZAR
0.003715 ZAR
0.003715 ZAR
0.003715 ZAR
Low
0.0009546 ZAR
0.0009340 ZAR
0.0009340 ZAR
0.0009303 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
-6.16%
-42.80%
-40.20%
+2.91%

PlaceWar information

PLACE to ZAR market statistics

PLACE/ZAR:
R0.0009574
PLACE 24h volume:
R934,911.1
PLACE market cap:
--
PLACE circulating supply:
0 PLACE

Current PLACE to ZAR exchange rate

PlaceWar to South African rand is falling this week.
PlaceWar's current market price is R0.0009574 per PLACE, with a total market cap of R0 ZAR based on a circulating supply of -- PLACE. The trading volume of PlaceWar has changed by +1.78% (R16,365.72 ZAR) in the last 24 hours. Last trading day, PLACE's trading volume was R918,545.38.

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

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How to convert PLACE to ZAR

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Bitget P2P trading does not currently support direct buying of PLACE with ZAR. However, you can buy USDT in Bitget P2P trading first, and then buy PLACE with USDT via Bitget spot market.
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PLACE to ZAR Conversion tables

The exchange rate of PlaceWar is decreasing.
The exchange rate of 1 PLACE to South African rand has changed by -42.80% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.16%, reaching a high of 0.001021 ZAR and a low of 0.0009546 ZAR . One month ago, the value of 1 PLACE was R0.001601 ZAR , which represents a -40.20% change from its current value. Over the last year, PlaceWar has changed by
-R
0.001838ZAR
, resulting in a change of -65.75% in its value.
24 hours ago1 month ago1 year ago
Amount 13:26 today 24 hours ago 24h change
0.5 PLACE
R0.0004787R0.0005101
-6.16%
1 PLACE
R0.0009574R0.001020
-6.16%
5 PLACE
R0.004787R0.005101
-6.16%
10 PLACE
R0.009574R0.01020
-6.16%
50 PLACE
R0.04787R0.05101
-6.16%
100 PLACE
R0.09574R0.1020
-6.16%
500 PLACE
R0.4787R0.5101
-6.16%
1000 PLACE
R0.9574R1.02
-6.16%

PLACE to ZAR FAQ

How much is 1 PlaceWar in ZAR?
Right now, the price of 1 PlaceWar (PLACE) in South African rand (ZAR) is R0.0009574.
How much PLACE can I buy for 1 ZAR?
Based on the current exchange rate, you can get 1,044.52 PLACE for 1 ZAR.
How do I calculate or convert PLACE to ZAR?
You can use our PLACE to ZAR calculator at the top of this page to convert any amount of PLACE to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 5,222.61 PLACE, while 5 PLACE will cost around 0.004787ZAR.
What is the highest price of PLACE/ZAR in history?
The all-time high price of 1 PLACE in ZAR is R5.01. It remains to be seen if the value of 1 PLACE/ZAR will exceed the current all-time high.
What is the price trend of PlaceWar in ZAR?
Over the past 7 days, the exchange rate of PlaceWar (PLACE) has gone down by 42.80%.   Over the last month, the exchange rate of PlaceWar (PLACE) has gone down by 40.20% against South African rand (ZAR).

What factors influence the conversion rate of PLACE to ZAR?

There are many factors that affect the relationship between PlaceWar 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 PLACE/ZAR. When there is positive news in the market about the widespread adoption of PLACE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PLACE/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PLACE/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 PLACE/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 PlaceWar 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 PlaceWar currency pairs: PLACE to US Dollar (USD), PLACE to Euro (EUR), PLACE to Pound Sterling (GBP), PLACE to Canadian Dollar (CAD), PLACE to Indian Rupee (INR), PLACE to Pakistani Rupee (PKR), PLACE to Brazilian Real (BRL), PLACE to…
The price of PlaceWar in the US is $0.{4}5155 USD. Additionally, PlaceWar’s price is €0.{4}4473 EUR in the eurozone, £0.{4}3830 GBP in the UK, C$0.{4}7079 CAD in Canada, ₹0.004464 INR in India, ₨0.01463 PKR in Pakistan, R$0.0002842 BRL in Brazil, and more.
The most popular PlaceWar currency pair is the PLACE to South African rand(ZAR). The price of 1 PlaceWar (PLACE) in South African rand (ZAR) is R0.0009574.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.