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Saakuru Protocol to South African rand (SKR to ZAR)

SKR to ZAR Converter and calculator

SKR/ZAR: 1 SKR = 0.01120 ZAR. The price of converting 1 Saakuru Protocol (SKR) to South African rand (ZAR) is 0.01120 ZAR today.
SKR
SKR
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SKR to ZAR real-time exchange rates, making it easy to convert Saakuru Protocol (SKR) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 SKR is currently valued at 0.01120 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SKR is currently valued at 0.01120 ZAR, which means buying 5 SKR would cost 0.05598 ZAR. Similarly, R1 ZAR can be converted to 89.32 SKR, and R50 ZAR can be converted to 446.62 SKR, excluding any platform or gas fees.

Convert SKR to ZAR

Convert ZAR to SKR

Saakuru Protocol
South African rand
1 SKR
0.01120  ZAR
Exchange 1 SKR for 0.01120 ZAR
2 SKR
0.02239  ZAR
Exchange 2 SKR for 0.02239 ZAR
5 SKR
0.05598  ZAR
Exchange 5 SKR for 0.05598 ZAR
10 SKR
0.1120  ZAR
Exchange 10 SKR for 0.1120 ZAR
20 SKR
0.2239  ZAR
Exchange 20 SKR for 0.2239 ZAR
50 SKR
0.5598  ZAR
Exchange 50 SKR for 0.5598 ZAR
100 SKR
1.12  ZAR
Exchange 100 SKR for 1.12 ZAR
200 SKR
2.24  ZAR
Exchange 200 SKR for 2.24 ZAR
500 SKR
5.6  ZAR
Exchange 500 SKR for 5.6 ZAR
1000 SKR
11.2  ZAR
Exchange 1000 SKR for 11.2 ZAR
5000 SKR
55.98  ZAR
Exchange 5000 SKR for 55.98 ZAR
10000 SKR
111.95  ZAR
Exchange 10000 SKR for 111.95 ZAR
In the table above, you'll find a comprehensive SKR to ZAR converter that shows the value of Saakuru Protocol in South African rand across commonly used conversion amounts. The list covers conversions from 1 SKR to ZAR, all the way up to 10000 SKR, providing a clear view of their respective values.
South African rand
Saakuru Protocol
1 ZAR
89.32 SKR
Exchange 1 ZAR for 89.32 SKR
10 ZAR
893.24 SKR
Exchange 10 ZAR for 893.24 SKR
50 ZAR
4,466.2 SKR
Exchange 50 ZAR for 4,466.2 SKR
100 ZAR
8,932.4 SKR
Exchange 100 ZAR for 8,932.4 SKR
200 ZAR
17,864.8 SKR
Exchange 200 ZAR for 17,864.8 SKR
500 ZAR
44,662 SKR
Exchange 500 ZAR for 44,662 SKR
1000 ZAR
89,324.01 SKR
Exchange 1000 ZAR for 89,324.01 SKR
2000 ZAR
178,648.01 SKR
Exchange 2000 ZAR for 178,648.01 SKR
5000 ZAR
446,620.03 SKR
Exchange 5000 ZAR for 446,620.03 SKR
10000 ZAR
893,240.07 SKR
Exchange 10000 ZAR for 893,240.07 SKR
50000 ZAR
4,466,200.35 SKR
Exchange 50000 ZAR for 4,466,200.35 SKR
100000 ZAR
8,932,400.7 SKR
Exchange 100000 ZAR for 8,932,400.7 SKR
In the table above, you'll find a comprehensive ZAR to SKR converter that shows the value of South African rand in Saakuru Protocol across commonly used conversion amounts. The list covers conversions from 1 ZAR to SKR, all the way up to 100000 ZAR, providing a clear view of their respective values.

SKR to ZAR chart

SKR/ZAR: 1 SKR = 0.01120 ZAR; 2026/01/13 20:05:59
In the past 1D, Saakuru Protocol has changed +15.80% to ZAR. Based on the trend and price charts, Saakuru Protocol(SKR) has changed +15.80% to ZAR while South African rand(ZAR) has changed % to SKR in the last 24 hours.
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SKR to ZAR conversion data: Volatility and price changes of Saakuru Protocol in ZAR

The highest Saakuru Protocol price in ZAR over the past 7 days was 0.01120 ZAR while the lowest Saakuru Protocol price in ZAR over the past 7 days was 0.006978 ZAR. The relative change between the highs and lows in Saakuru Protocol price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and SKR 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
0.01120 ZAR
0.01120 ZAR
0.01120 ZAR
0.01221 ZAR
Low
0.008648 ZAR
0.006978 ZAR
0.005105 ZAR
0.005105 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
+15.80%
+48.33%
+49.05%
+0.09%

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Bitget P2P trading does not currently support direct buying of SKR with ZAR. However, you can buy USDT in Bitget P2P trading first, and then buy SKR with USDT via Bitget spot market.
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Saakuru Protocol information

SKR to ZAR market statistics

SKR/ZAR:
R0.01120
SKR 24h volume:
R12,284.1
SKR market cap:
R9,428,397.56
SKR circulating supply:
842.18M SKR

Current SKR to ZAR exchange rate

Saakuru Protocol to South African rand is rising this week.
Saakuru Protocol's current market price is R0.01120 per SKR, with a total market cap of R9,428,397.56 ZAR based on a circulating supply of 842,182,300 SKR. The trading volume of Saakuru Protocol has changed by +2147.19% (R11,737.46 ZAR) in the last 24 hours. Last trading day, SKR's trading volume was R546.64.

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

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SKR to ZAR Conversion tables

The exchange rate of Saakuru Protocol is increasing.
The exchange rate of 1 SKR to South African rand has changed by +48.33% in the last 7 days. In the last 24 hours, the rate has fluctuated by +15.80%, reaching a high of 0.01120 ZAR and a low of 0.008648 ZAR . One month ago, the value of 1 SKR was R0.007511 ZAR , which represents a +49.05% change from its current value. Over the last year, Saakuru Protocol has changed by
-R
0.1561ZAR
, resulting in a change of -93.31% in its value.
24 hours ago1 month ago1 year ago
Amount 20:05 today 24 hours ago 24h change
0.5 SKR
R0.005598R0.004834
+15.80%
1 SKR
R0.01120R0.009667
+15.80%
5 SKR
R0.05598R0.04834
+15.80%
10 SKR
R0.1120R0.09667
+15.80%
50 SKR
R0.5598R0.4834
+15.80%
100 SKR
R1.12R0.9667
+15.80%
500 SKR
R5.6R4.83
+15.80%
1000 SKR
R11.2R9.67
+15.80%

SKR to ZAR FAQ

How much is 1 Saakuru Protocol in ZAR?
Right now, the price of 1 Saakuru Protocol (SKR) in South African rand (ZAR) is R0.01120.
How much SKR can I buy for 1 ZAR?
Based on the current exchange rate, you can get 89.32 SKR for 1 ZAR.
How do I calculate or convert SKR to ZAR?
You can use our SKR to ZAR calculator at the top of this page to convert any amount of SKR to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 446.62 SKR, while 5 SKR will cost around 0.05598ZAR.
What is the highest price of SKR/ZAR in history?
The all-time high price of 1 SKR in ZAR is R1.25. It remains to be seen if the value of 1 SKR/ZAR will exceed the current all-time high.
What is the price trend of Saakuru Protocol in ZAR?
Over the past 7 days, the exchange rate of Saakuru Protocol (SKR) has gone up by 48.33%.   Over the last month, the exchange rate of Saakuru Protocol (SKR) has gone up by 49.05% against South African rand (ZAR).

What factors influence the conversion rate of SKR to ZAR?

There are many factors that affect the relationship between Saakuru Protocol 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 SKR/ZAR. When there is positive news in the market about the widespread adoption of SKR or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SKR/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SKR/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 SKR/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 Saakuru Protocol 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 Saakuru Protocol currency pairs: SKR to US Dollar (USD), SKR to Euro (EUR), SKR to Pound Sterling (GBP), SKR to Canadian Dollar (CAD), SKR to Indian Rupee (INR), SKR to Pakistani Rupee (PKR), SKR to Brazilian Real (BRL), SKR to…
The price of Saakuru Protocol in the US is $0.0006811 USD. Additionally, Saakuru Protocol’s price is €0.0005849 EUR in the eurozone, £0.0005071 GBP in the UK, C$0.0009462 CAD in Canada, ₹0.06152 INR in India, ₨0.1907 PKR in Pakistan, R$0.003667 BRL in Brazil, and more.
The most popular Saakuru Protocol currency pair is the SKR to South African rand(ZAR). The price of 1 Saakuru Protocol (SKR) in South African rand (ZAR) is R0.01120.

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