Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Launchhub
Gain the edge early and start winning
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk.
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security

SOFI to ZAR Converter and calculator

SOFI/ZAR: 1 SOFI = 0.1679 ZAR. The price of converting 1 RAI Finance (SOFI) to South African rand (ZAR) is 0.1679 ZAR today.
SOFI
SOFI
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides SOFI to ZAR real-time exchange rates, making it easy to convert RAI Finance (SOFI) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 SOFI is currently valued at 0.1679 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SOFI is currently valued at 0.1679 ZAR, which means buying 5 SOFI would cost 0.8394 ZAR. Similarly, R1 ZAR can be converted to 5.96 SOFI, and R50 ZAR can be converted to 29.78 SOFI, excluding any platform or gas fees.

Convert SOFI to ZAR

Convert ZAR to SOFI

RAI Finance
South African rand
1000 SOFI
167.87  ZAR
5000 SOFI
839.36  ZAR
10000 SOFI
1,678.72  ZAR
In the table above, you'll find a comprehensive SOFI to ZAR converter that shows the value of RAI Finance in South African rand across commonly used conversion amounts. The list covers conversions from 1 SOFI to ZAR, all the way up to 10000 SOFI, providing a clear view of their respective values.
South African rand
RAI Finance
2000 ZAR
11,913.81 SOFI
5000 ZAR
29,784.54 SOFI
10000 ZAR
59,569.07 SOFI
50000 ZAR
297,845.35 SOFI
100000 ZAR
595,690.71 SOFI
In the table above, you'll find a comprehensive ZAR to SOFI converter that shows the value of South African rand in RAI Finance across commonly used conversion amounts. The list covers conversions from 1 ZAR to SOFI, all the way up to 100000 ZAR, providing a clear view of their respective values.

SOFI to ZAR chart

SOFI/ZAR: 1 SOFI = 0.1679 ZAR; 2025/06/23 01:54:55
In the past 1D, RAI Finance has changed -7.94% to ZAR. Based on the trend and price charts, RAI Finance(SOFI) has changed -7.94% to ZAR while South African rand(ZAR) has changed % to SOFI in the last 24 hours.
1D7D1M3M1YAll

SOFI to ZAR conversion data: Volatility and price changes of RAI Finance in ZAR

The highest RAI Finance price in ZAR over the past 7 days was 0.2410 ZAR while the lowest RAI Finance price in ZAR over the past 7 days was 0.1593 ZAR. The relative change between the highs and lows in RAI Finance price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and SOFI 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
0.1827 ZAR
0.2410 ZAR
0.3128 ZAR
0.3878 ZAR
Low
0.1593 ZAR
0.1593 ZAR
0.1593 ZAR
0.1077 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
-7.94%
-8.71%
-0.42%
+7.73%

RAI Finance information

SOFI to ZAR market statistics

SOFI/ZAR:
R0.1679
SOFI 24h volume:
R13,889,346.26
SOFI market cap:
R100,439,076.63
SOFI circulating supply:
598.31M SOFI

Current SOFI to ZAR exchange rate

RAI Finance to South African rand is falling this week.
RAI Finance's current market price is R0.1679 per SOFI, with a total market cap of R100,439,076.63 ZAR based on a circulating supply of 598,306,240 SOFI. The trading volume of RAI Finance has changed by -9.89% (R-1,524,575.60 ZAR) in the last 24 hours. Last trading day, SOFI's trading volume was R15,413,921.86.

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

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 102541.24 USD
popular info ethereum
ETH to USD
1 ETH to 2254.25 USD
popular info ripple
XRP to USD
1 XRP to 1.97 USD
popular info solana
SOL to USD
1 SOL to 128.82 USD
popular info bitcoin
BTC to EUR
1 BTC to 89169.86 EUR
popular info bitcoin
BTC to GBP
1 BTC to 76331.70 GBP
popular info bitcoin
BTC to CAD
1 BTC to 140912.17 CAD
popular info bitcoin
BTC to BRL
1 BTC to 565812.31 BRL
popular info bitcoin
BTC to INR
1 BTC to 8878071.83 INR
popular info pi-network
PI to INR
1 PI to 42.79 INR

Hot promotions

How to convert SOFI to ZAR

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert SOFI to ZAR
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy SOFI (or USDT) for ZAR (South African Rand) offers
Bitget P2P trading does not currently support direct buying of SOFI with ZAR. However, you can buy USDT in Bitget P2P trading first, and then buy SOFI with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Popular RAI Finance Converter

popular info South African rand
SOFI to ZAR
1 SOFI to R0.1679 ZAR
popular info New Taiwan dollar
SOFI to TWD
1 SOFI to NT$0.2748 TWD
popular info Chinese Yuan
SOFI to CNY
1 SOFI to ¥0.06668 CNY
popular info United States Dollar
SOFI to USD
1 SOFI to $0.009286 USD
popular info Euro
SOFI to EUR
1 SOFI to €0.008075 EUR
popular info Canadian Dollar
SOFI to CAD
1 SOFI to C$0.01276 CAD
popular info South Korean Won
SOFI to KRW
1 SOFI to ₩12.77 KRW
popular info Japanese Yen
SOFI to JPY
1 SOFI to ¥1.36 JPY
popular info Pound Sterling
SOFI to GBP
1 SOFI to £0.006913 GBP
popular info Brazilian Real
SOFI to BRL
1 SOFI to R$0.05124 BRL

Popular cryptocurrencies to ZAR

other assets Bitcoin
BTC to ZAR
1 BTC to R1,823,831.99 ZAR
other assets Ethereum
ETH to ZAR
1 ETH to R40,452.01 ZAR
other assets XRP
XRP to ZAR
1 XRP to R36.35 ZAR
other assets Solana
SOL to ZAR
1 SOL to R2,393.95 ZAR
other assets TrueFi
TRU to ZAR
1 TRU to R0.4737 ZAR
other assets MOBOX
MBOX to ZAR
1 MBOX to R0.7329 ZAR
other assets Dogecoin
DOGE to ZAR
1 DOGE to R2.74 ZAR
other assets Cardano
ADA to ZAR
1 ADA to R9.8 ZAR
other assets Chainlink
LINK to ZAR
1 LINK to R209.77 ZAR
other assets BNB
BNB to ZAR
1 BNB to R11,165.88 ZAR

SOFI to ZAR Conversion tables

The exchange rate of RAI Finance is decreasing.
The exchange rate of 1 SOFI to South African rand has changed by -8.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.94%, reaching a high of 0.1827 ZAR and a low of 0.1593 ZAR . One month ago, the value of 1 SOFI was R0.1686 ZAR , which represents a -0.42% change from its current value. Over the last year, RAI Finance has changed by
-R
0.1195ZAR
, resulting in a change of -41.45% in its value.
24 hours ago1 month ago1 year ago
Amount 01:54 am today 24 hours ago 24h change
0.5 SOFI
R0.08394R0.09121
-7.94%
1 SOFI
R0.1679R0.1824
-7.94%
5 SOFI
R0.8394R0.9121
-7.94%
10 SOFI
R1.68R1.82
-7.94%
50 SOFI
R8.39R9.12
-7.94%
100 SOFI
R16.79R18.24
-7.94%
500 SOFI
R83.94R91.21
-7.94%
1000 SOFI
R167.87R182.42
-7.94%

SOFI to ZAR FAQ

How much is 1 RAI Finance in ZAR?
Right now, the price of 1 RAI Finance (SOFI) in South African rand (ZAR) is R0.1679.
How much SOFI can I buy for 1 ZAR?
Based on the current exchange rate, you can get 5.96 SOFI for 1 ZAR.
How do I calculate or convert SOFI to ZAR?
You can use our SOFI to ZAR calculator at the top of this page to convert any amount of SOFI to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 29.78 SOFI, while 5 SOFI will cost around 0.8394ZAR.
What is the highest price of SOFI/ZAR in history?
The all-time high price of 1 SOFI in ZAR is R10.44. It remains to be seen if the value of 1 SOFI/ZAR will exceed the current all-time high.
What is the price trend of RAI Finance in ZAR?
Over the past 7 days, the exchange rate of RAI Finance (SOFI) has gone down by 8.71%.   Over the last month, the exchange rate of RAI Finance (SOFI) has gone down by 0.42% against South African rand (ZAR).

What factors influence the conversion rate of SOFI to ZAR?

There are many factors that affect the relationship between RAI Finance 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 SOFI/ZAR. When there is positive news in the market about the widespread adoption of SOFI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SOFI/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SOFI/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 SOFI/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 RAI Finance 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 RAI Finance currency pairs: SOFI to US Dollar (USD), SOFI to Euro (EUR), SOFI to Pound Sterling (GBP), SOFI to Canadian Dollar (CAD), SOFI to Indian Rupee (INR), SOFI to Pakistani Rupee (PKR), SOFI to Brazilian Real (BRL), SOFI to…
The price of RAI Finance in the US is $0.009286 USD. Additionally, RAI Finance’s price is €0.008075 EUR in the eurozone, £0.006913 GBP in the UK, C$0.01276 CAD in Canada, ₹0.8040 INR in India, ₨2.64 PKR in Pakistan, R$0.05124 BRL in Brazil, and more.
The most popular RAI Finance currency pair is the SOFI to South African rand(ZAR). The price of 1 RAI Finance (SOFI) in South African rand (ZAR) is R0.1679.

Popular fiat

Popular areas

Purchase other cryptocurrencies with similar market cap

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.