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PROM to ZAR Converter and calculator

PROM/ZAR: 1 PROM = 102.57 ZAR. The price of converting 1 Prom (PROM) to South African rand (ZAR) is 102.57 ZAR today.
PROM
PROM
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PROM to ZAR real-time exchange rates, making it easy to convert Prom (PROM) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 PROM is currently valued at 102.57 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PROM is currently valued at 102.57 ZAR, which means buying 5 PROM would cost 512.86 ZAR. Similarly, R1 ZAR can be converted to 0.009749 PROM, and R50 ZAR can be converted to 0.04875 PROM, excluding any platform or gas fees.

Convert PROM to ZAR

Convert ZAR to PROM

Prom
South African rand
10 PROM
1,025.73  ZAR
20 PROM
2,051.46  ZAR
50 PROM
5,128.64  ZAR
100 PROM
10,257.28  ZAR
200 PROM
20,514.55  ZAR
500 PROM
51,286.38  ZAR
1000 PROM
102,572.76  ZAR
5000 PROM
512,863.8  ZAR
10000 PROM
1,025,727.6  ZAR
In the table above, you'll find a comprehensive PROM to ZAR converter that shows the value of Prom in South African rand across commonly used conversion amounts. The list covers conversions from 1 PROM to ZAR, all the way up to 10000 PROM, providing a clear view of their respective values.
South African rand
Prom
In the table above, you'll find a comprehensive ZAR to PROM converter that shows the value of South African rand in Prom across commonly used conversion amounts. The list covers conversions from 1 ZAR to PROM, all the way up to 100000 ZAR, providing a clear view of their respective values.

PROM to ZAR chart

PROM/ZAR: 1 PROM = 102.57 ZAR; 2025/04/30 20:45:19
In the past 1D, Prom has changed -0.57% to ZAR. Based on the trend and price charts, Prom(PROM) has changed -0.57% to ZAR while South African rand(ZAR) has changed % to PROM in the last 24 hours.
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PROM to ZAR conversion data: Volatility and price changes of Prom in ZAR

The highest Prom price in ZAR over the past 7 days was 110.99 ZAR while the lowest Prom price in ZAR over the past 7 days was 100.33 ZAR. The relative change between the highs and lows in Prom price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and PROM 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
106.89 ZAR
110.99 ZAR
114.52 ZAR
129.81 ZAR
Low
100.33 ZAR
100.33 ZAR
83.93 ZAR
65.05 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
-0.57%
-5.75%
-8.72%
+8.07%

Prom information

PROM to ZAR market statistics

PROM/ZAR:
R102.57
PROM 24h volume:
R179,328,540.98
PROM market cap:
R1,871,952,919.79
PROM circulating supply:
18.25M PROM

Current PROM to ZAR exchange rate

Prom to South African rand is falling this week.
Prom's current market price is R102.57 per PROM, with a total market cap of R1,871,952,919.79 ZAR based on a circulating supply of 18,250,000 PROM. The trading volume of Prom has changed by +73.43% (R75,926,121.66 ZAR) in the last 24 hours. Last trading day, PROM's trading volume was R103,402,419.32.

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

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How to convert PROM to ZAR

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

The exchange rate of Prom is decreasing.
The exchange rate of 1 PROM to South African rand has changed by -5.75% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.57%, reaching a high of 106.89 ZAR and a low of 100.33 ZAR . One month ago, the value of 1 PROM was R112.37 ZAR , which represents a -8.72% change from its current value. Over the last year, Prom has changed by
-R
62.25ZAR
, resulting in a change of -37.77% in its value.
24 hours ago1 month ago1 year ago
Amount20:45 today24 hours ago24h change
0.5 PROMR51.29R51.58
-0.57%
1 PROMR102.57R103.16
-0.57%
5 PROMR512.86R515.81
-0.57%
10 PROMR1,025.73R1,031.63
-0.57%
50 PROMR5,128.64R5,158.14
-0.57%
100 PROMR10,257.28R10,316.28
-0.57%
500 PROMR51,286.38R51,581.39
-0.57%
1000 PROMR102,572.76R103,162.77
-0.57%

PROM to ZAR FAQ

How much is 1 Prom in ZAR?
Right now, the price of 1 Prom (PROM) in South African rand (ZAR) is R102.57.
How much PROM can I buy for 1 ZAR?
Based on the current exchange rate, you can get 0.009749 PROM for 1 ZAR.
How do I calculate or convert PROM to ZAR?
You can use our PROM to ZAR calculator at the top of this page to convert any amount of PROM to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 0.04875 PROM, while 5 PROM will cost around 512.86ZAR.
What is the highest price of PROM/ZAR in history?
The all-time high price of 1 PROM in ZAR is R1,976.64. It remains to be seen if the value of 1 PROM/ZAR will exceed the current all-time high.
What is the price trend of Prom in ZAR?
Over the past 7 days, the exchange rate of Prom (PROM) has gone down by 5.75%.   Over the last month, the exchange rate of Prom (PROM) has gone down by 8.72% against South African rand (ZAR).

What factors influence the conversion rate of PROM to ZAR?

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