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SFI to ZAR Converter and calculator

SFI/ZAR: 1 SFI = 449.7 ZAR. The price of converting 1 saffron.finance (SFI) to South African rand (ZAR) is 449.7 ZAR today.
SFI
SFI
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SFI to ZAR real-time exchange rates, making it easy to convert saffron.finance (SFI) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 SFI is currently valued at 449.7 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SFI is currently valued at 449.7 ZAR, which means buying 5 SFI would cost 2,248.51 ZAR. Similarly, R1 ZAR can be converted to 0.002224 SFI, and R50 ZAR can be converted to 0.01112 SFI, excluding any platform or gas fees.

Convert SFI to ZAR

Convert ZAR to SFI

saffron.finance
South African rand
50 SFI
22,485.08  ZAR
100 SFI
44,970.16  ZAR
200 SFI
89,940.32  ZAR
500 SFI
224,850.81  ZAR
1000 SFI
449,701.62  ZAR
5000 SFI
2,248,508.08  ZAR
10000 SFI
4,497,016.17  ZAR
In the table above, you'll find a comprehensive SFI to ZAR converter that shows the value of saffron.finance in South African rand across commonly used conversion amounts. The list covers conversions from 1 SFI to ZAR, all the way up to 10000 SFI, providing a clear view of their respective values.
South African rand
saffron.finance
In the table above, you'll find a comprehensive ZAR to SFI converter that shows the value of South African rand in saffron.finance across commonly used conversion amounts. The list covers conversions from 1 ZAR to SFI, all the way up to 100000 ZAR, providing a clear view of their respective values.

SFI to ZAR chart

SFI/ZAR: 1 SFI = 449.7 ZAR; 2025/06/20 20:25:18
In the past 1D, saffron.finance has changed +3.20% to ZAR. Based on the trend and price charts, saffron.finance(SFI) has changed +3.20% to ZAR while South African rand(ZAR) has changed % to SFI in the last 24 hours.
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SFI to ZAR conversion data: Volatility and price changes of saffron.finance in ZAR

The highest saffron.finance price in ZAR over the past 7 days was 487.97 ZAR while the lowest saffron.finance price in ZAR over the past 7 days was 416.15 ZAR. The relative change between the highs and lows in saffron.finance price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and SFI 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
452.31 ZAR
487.97 ZAR
755.53 ZAR
858.03 ZAR
Low
433.7 ZAR
416.15 ZAR
392.47 ZAR
277.15 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
+3.20%
-5.02%
-1.17%
-18.59%

saffron.finance information

SFI to ZAR market statistics

SFI/ZAR:
R449.7
SFI 24h volume:
R17,964
SFI market cap:
R41,113,291.63
SFI circulating supply:
91.42K SFI

Current SFI to ZAR exchange rate

saffron.finance to South African rand is falling this week.
saffron.finance's current market price is R449.7 per SFI, with a total market cap of R41,113,291.63 ZAR based on a circulating supply of 91,423.49 SFI. The trading volume of saffron.finance has changed by +0.29% (R51.82 ZAR) in the last 24 hours. Last trading day, SFI's trading volume was R17,912.18.

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

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How to convert SFI to ZAR

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SFI to ZAR Conversion tables

The exchange rate of saffron.finance is decreasing.
The exchange rate of 1 SFI to South African rand has changed by -5.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.20%, reaching a high of 452.31 ZAR and a low of 433.7 ZAR . One month ago, the value of 1 SFI was R455.03 ZAR , which represents a -1.17% change from its current value. Over the last year, saffron.finance has changed by
+R
13.08ZAR
, resulting in a change of +7.41% in its value.
24 hours ago1 month ago1 year ago
Amount 20:25 today 24 hours ago 24h change
0.5 SFI
R224.85R217.87
+3.20%
1 SFI
R449.7R435.75
+3.20%
5 SFI
R2,248.51R2,178.75
+3.20%
10 SFI
R4,497.02R4,357.49
+3.20%
50 SFI
R22,485.08R21,787.46
+3.20%
100 SFI
R44,970.16R43,574.92
+3.20%
500 SFI
R224,850.81R217,874.61
+3.20%
1000 SFI
R449,701.62R435,749.21
+3.20%

SFI to ZAR FAQ

How much is 1 saffron.finance in ZAR?
Right now, the price of 1 saffron.finance (SFI) in South African rand (ZAR) is R449.7.
How much SFI can I buy for 1 ZAR?
Based on the current exchange rate, you can get 0.002224 SFI for 1 ZAR.
How do I calculate or convert SFI to ZAR?
You can use our SFI to ZAR calculator at the top of this page to convert any amount of SFI to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 0.01112 SFI, while 5 SFI will cost around 2,248.51ZAR.
What is the highest price of SFI/ZAR in history?
The all-time high price of 1 SFI in ZAR is R61,181.05. It remains to be seen if the value of 1 SFI/ZAR will exceed the current all-time high.
What is the price trend of saffron.finance in ZAR?
Over the past 7 days, the exchange rate of saffron.finance (SFI) has gone down by 5.02%.   Over the last month, the exchange rate of saffron.finance (SFI) has gone down by 1.17% against South African rand (ZAR).

What factors influence the conversion rate of SFI to ZAR?

There are many factors that affect the relationship between saffron.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 SFI/ZAR. When there is positive news in the market about the widespread adoption of SFI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SFI/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SFI/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 SFI/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 saffron.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 saffron.finance currency pairs: SFI to US Dollar (USD), SFI to Euro (EUR), SFI to Pound Sterling (GBP), SFI to Canadian Dollar (CAD), SFI to Indian Rupee (INR), SFI to Pakistani Rupee (PKR), SFI to Brazilian Real (BRL), SFI to…
The price of saffron.finance in the US is $25.03 USD. Additionally, saffron.finance’s price is €21.7 EUR in the eurozone, £18.58 GBP in the UK, C$34.36 CAD in Canada, ₹2,167.08 INR in India, ₨7,105.87 PKR in Pakistan, R$138.1 BRL in Brazil, and more.
The most popular saffron.finance currency pair is the SFI to South African rand(ZAR). The price of 1 saffron.finance (SFI) in South African rand (ZAR) is R449.7.

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