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VAL to ZAR Converter and calculator

VAL/ZAR: 1 VAL = 0.4567 ZAR. The price of converting 1 SORA Validator Token (VAL) to South African rand (ZAR) is 0.4567 ZAR today.
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VAL
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VAL to ZAR real-time exchange rates, making it easy to convert SORA Validator Token (VAL) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 VAL is currently valued at 0.46 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VAL is currently valued at 0.46 ZAR, which means buying 5 VAL would cost 2.28 ZAR. Similarly, R1 ZAR can be converted to 2.19 VAL, and R50 ZAR can be converted to 10.95 VAL, excluding any platform or gas fees.

Convert VAL to ZAR

Convert ZAR to VAL

SORA Validator Token
South African rand
5000 VAL
2,283.64  ZAR
10000 VAL
4,567.28  ZAR
In the table above, you'll find a comprehensive VAL to ZAR converter that shows the value of SORA Validator Token in South African rand across commonly used conversion amounts. The list covers conversions from 1 VAL to ZAR, all the way up to 10000 VAL, providing a clear view of their respective values.
South African rand
SORA Validator Token
10000 ZAR
21,894.88 VAL
50000 ZAR
109,474.4 VAL
100000 ZAR
218,948.8 VAL
In the table above, you'll find a comprehensive ZAR to VAL converter that shows the value of South African rand in SORA Validator Token across commonly used conversion amounts. The list covers conversions from 1 ZAR to VAL, all the way up to 100000 ZAR, providing a clear view of their respective values.

VAL to ZAR chart

VAL/ZAR: 1 VAL = 0.4567 ZAR; 2025/04/28 23:35:10
In the past 1D, SORA Validator Token has changed -9.38% to ZAR. Based on the trend and price charts, SORA Validator Token(VAL) has changed -9.38% to ZAR while South African rand(ZAR) has changed % to VAL in the last 24 hours.
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VAL to ZAR conversion data: Volatility and price changes of SORA Validator Token in ZAR

The highest SORA Validator Token price in ZAR over the past 7 days was 0.6226 ZAR while the lowest SORA Validator Token price in ZAR over the past 7 days was 0.3986 ZAR. The relative change between the highs and lows in SORA Validator Token price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and VAL to ZAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.5411 ZAR
0.6226 ZAR
0.6459 ZAR
602.33 ZAR
Low
0.4131 ZAR
0.3986 ZAR
0.2199 ZAR
0.1682 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
-9.38%
-1.75%
+72.26%
+49.23%

SORA Validator Token information

VAL to ZAR market statistics

VAL/ZAR:
R0.4567
VAL 24h volume:
R16,800.33
VAL market cap:
R186,346.3
VAL circulating supply:
408.00K VAL

Current VAL to ZAR exchange rate

SORA Validator Token to South African rand is falling this week.
SORA Validator Token's current market price is R0.4567 per VAL, with a total market cap of R186,346.3 ZAR based on a circulating supply of 408,003 VAL. The trading volume of SORA Validator Token has changed by +41.19% (R4,901.05 ZAR) in the last 24 hours. Last trading day, VAL's trading volume was R11,899.28.

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

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How to convert VAL to ZAR

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VAL to ZAR Conversion tables

The exchange rate of SORA Validator Token is increasing.
The exchange rate of 1 VAL to South African rand has changed by -1.75% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.38%, reaching a high of 0.5411 ZAR and a low of 0.4131 ZAR . One month ago, the value of 1 VAL was R0.2677 ZAR , which represents a +72.26% change from its current value. Over the last year, SORA Validator Token has changed by
-R
7.59ZAR
, resulting in a change of -94.40% in its value.
24 hours ago1 month ago1 year ago
Amount23:35 today24 hours ago24h change
0.5 VALR0.2284R0.2517
-9.38%
1 VALR0.4567R0.5033
-9.38%
5 VALR2.28R2.52
-9.38%
10 VALR4.57R5.03
-9.38%
50 VALR22.84R25.17
-9.38%
100 VALR45.67R50.33
-9.38%
500 VALR228.36R251.67
-9.38%
1000 VALR456.73R503.35
-9.38%

VAL to ZAR FAQ

How much is 1 SORA Validator Token in ZAR?
Right now, the price of 1 SORA Validator Token (VAL) in South African rand (ZAR) is R0.4567.
How much VAL can I buy for 1 ZAR?
Based on the current exchange rate, you can get 2.19 VAL for 1 ZAR.
How do I calculate or convert VAL to ZAR?
You can use our VAL to ZAR calculator at the top of this page to convert any amount of VAL to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 10.95 VAL, while 5 VAL will cost around 2.28ZAR.
What is the highest price of VAL/ZAR in history?
The all-time high price of 1 VAL in ZAR is R602.33. It remains to be seen if the value of 1 VAL/ZAR will exceed the current all-time high.
What is the price trend of SORA Validator Token in ZAR?
Over the past 7 days, the exchange rate of SORA Validator Token (VAL) has gone down by 1.75%.   Over the last month, the exchange rate of SORA Validator Token (VAL) has gone up by 72.26% against South African rand (ZAR).

What factors influence the conversion rate of VAL to ZAR?

There are many factors that affect the relationship between SORA Validator Token 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 VAL/ZAR. When there is positive news in the market about the widespread adoption of VAL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VAL/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VAL/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 VAL/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 SORA Validator Token and adjust their investment strategies accordingly in the evolving market.

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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.