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MILLI to South African rand (MILLI to ZAR)

MILLI to ZAR Converter and calculator

MILLI/ZAR: 1 MILLI = 0.{4}5044 ZAR. The price of converting 1 MILLI (MILLI) to South African rand (ZAR) is 0.{4}5044 ZAR today.
MILLI
MILLI
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MILLI to ZAR real-time exchange rates, making it easy to convert MILLI (MILLI) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 MILLI is currently valued at 0.{4}5044 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MILLI is currently valued at 0.{4}5044 ZAR, which means buying 5 MILLI would cost 0.0002522 ZAR. Similarly, R1 ZAR can be converted to 19,824.83 MILLI, and R50 ZAR can be converted to 99,124.14 MILLI, excluding any platform or gas fees.

Convert MILLI to ZAR

Convert ZAR to MILLI

MILLI
South African rand
1 MILLI
0.{4}5044  ZAR
Exchange 1 MILLI for 0.{4}5044 ZAR
2 MILLI
0.0001009  ZAR
Exchange 2 MILLI for 0.0001009 ZAR
5 MILLI
0.0002522  ZAR
Exchange 5 MILLI for 0.0002522 ZAR
10 MILLI
0.0005044  ZAR
Exchange 10 MILLI for 0.0005044 ZAR
20 MILLI
0.001009  ZAR
Exchange 20 MILLI for 0.001009 ZAR
50 MILLI
0.002522  ZAR
Exchange 50 MILLI for 0.002522 ZAR
100 MILLI
0.005044  ZAR
Exchange 100 MILLI for 0.005044 ZAR
200 MILLI
0.01009  ZAR
Exchange 200 MILLI for 0.01009 ZAR
500 MILLI
0.02522  ZAR
Exchange 500 MILLI for 0.02522 ZAR
1000 MILLI
0.05044  ZAR
Exchange 1000 MILLI for 0.05044 ZAR
5000 MILLI
0.2522  ZAR
Exchange 5000 MILLI for 0.2522 ZAR
10000 MILLI
0.5044  ZAR
Exchange 10000 MILLI for 0.5044 ZAR
In the table above, you'll find a comprehensive MILLI to ZAR converter that shows the value of MILLI in South African rand across commonly used conversion amounts. The list covers conversions from 1 MILLI to ZAR, all the way up to 10000 MILLI, providing a clear view of their respective values.
South African rand
MILLI
1 ZAR
19,824.83 MILLI
Exchange 1 ZAR for 19,824.83 MILLI
10 ZAR
198,248.27 MILLI
Exchange 10 ZAR for 198,248.27 MILLI
50 ZAR
991,241.35 MILLI
Exchange 50 ZAR for 991,241.35 MILLI
100 ZAR
1,982,482.71 MILLI
Exchange 100 ZAR for 1,982,482.71 MILLI
200 ZAR
3,964,965.41 MILLI
Exchange 200 ZAR for 3,964,965.41 MILLI
500 ZAR
9,912,413.54 MILLI
Exchange 500 ZAR for 9,912,413.54 MILLI
1000 ZAR
19,824,827.07 MILLI
Exchange 1000 ZAR for 19,824,827.07 MILLI
2000 ZAR
39,649,654.15 MILLI
Exchange 2000 ZAR for 39,649,654.15 MILLI
5000 ZAR
99,124,135.37 MILLI
Exchange 5000 ZAR for 99,124,135.37 MILLI
10000 ZAR
198,248,270.75 MILLI
Exchange 10000 ZAR for 198,248,270.75 MILLI
50000 ZAR
991,241,353.73 MILLI
Exchange 50000 ZAR for 991,241,353.73 MILLI
100000 ZAR
1,982,482,707.45 MILLI
Exchange 100000 ZAR for 1,982,482,707.45 MILLI
In the table above, you'll find a comprehensive ZAR to MILLI converter that shows the value of South African rand in MILLI across commonly used conversion amounts. The list covers conversions from 1 ZAR to MILLI, all the way up to 100000 ZAR, providing a clear view of their respective values.

MILLI to ZAR chart

MILLI/ZAR: 1 MILLI = 0.{4}5044 ZAR; 2026/01/01 18:13:46
In the past 1D, MILLI has changed -1.49% to ZAR. Based on the trend and price charts, MILLI(MILLI) has changed -1.49% to ZAR while South African rand(ZAR) has changed % to MILLI in the last 24 hours.
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MILLI to ZAR conversion data: Volatility and price changes of MILLI in ZAR

The highest MILLI price in ZAR over the past 7 days was 0.{4}5333 ZAR while the lowest MILLI price in ZAR over the past 7 days was 0.{4}4218 ZAR. The relative change between the highs and lows in MILLI price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and MILLI 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.{4}5118 ZAR
0.{4}5333 ZAR
0.{4}6912 ZAR
0.0002556 ZAR
Low
0.{4}4919 ZAR
0.{4}4218 ZAR
0.{4}3646 ZAR
0.{4}3646 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
-1.49%
+14.24%
-16.02%
-80.69%

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MILLI information

MILLI to ZAR market statistics

MILLI/ZAR:
R0.{4}5044
MILLI 24h volume:
R1,229,592.15
MILLI market cap:
R13,266,196.75
MILLI circulating supply:
263.00B MILLI

Current MILLI to ZAR exchange rate

MILLI to South African rand is rising this week.
MILLI's current market price is R0.263,000,050,0005044 per MILLI, with a total market cap of R13,266,196.75 ZAR based on a circulating supply of {4} MILLI. The trading volume of MILLI has changed by +12.94% (R140,914.13 ZAR) in the last 24 hours. Last trading day, MILLI's trading volume was R1,088,678.02.

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

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MILLI to ZAR Conversion tables

The exchange rate of MILLI is decreasing.
The exchange rate of 1 MILLI to South African rand has changed by +14.24% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.49%, reaching a high of 0.{4}5118 ZAR and a low of 0.{4}4919 ZAR . One month ago, the value of 1 MILLI was R0.{4}6005 ZAR , which represents a -16.02% change from its current value. Over the last year, MILLI has changed by
-R
0.{4}2649ZAR
, resulting in a change of -34.46% in its value.
24 hours ago1 month ago1 year ago
Amount 18:13 today 24 hours ago 24h change
0.5 MILLI
R0.{4}2522R0.{4}2560
-1.49%
1 MILLI
R0.{4}5044R0.{4}5120
-1.49%
5 MILLI
R0.0002522R0.0002560
-1.49%
10 MILLI
R0.0005044R0.0005120
-1.49%
50 MILLI
R0.002522R0.002560
-1.49%
100 MILLI
R0.005044R0.005120
-1.49%
500 MILLI
R0.02522R0.02560
-1.49%
1000 MILLI
R0.05044R0.05120
-1.49%

MILLI to ZAR FAQ

How much is 1 MILLI in ZAR?
Right now, the price of 1 MILLI (MILLI) in South African rand (ZAR) is R0.{4}5044.
How much MILLI can I buy for 1 ZAR?
Based on the current exchange rate, you can get 19,824.83 MILLI for 1 ZAR.
How do I calculate or convert MILLI to ZAR?
You can use our MILLI to ZAR calculator at the top of this page to convert any amount of MILLI to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 99,124.14 MILLI, while 5 MILLI will cost around 0.0002522ZAR.
What is the highest price of MILLI/ZAR in history?
The all-time high price of 1 MILLI in ZAR is R0.0006026. It remains to be seen if the value of 1 MILLI/ZAR will exceed the current all-time high.
What is the price trend of MILLI in ZAR?
Over the past 7 days, the exchange rate of MILLI (MILLI) has gone up by 14.24%.   Over the last month, the exchange rate of MILLI (MILLI) has gone down by 16.02% against South African rand (ZAR).

What factors influence the conversion rate of MILLI to ZAR?

There are many factors that affect the relationship between MILLI 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 MILLI/ZAR. When there is positive news in the market about the widespread adoption of MILLI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MILLI/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MILLI/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 MILLI/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 MILLI 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 MILLI currency pairs: MILLI to US Dollar (USD), MILLI to Euro (EUR), MILLI to Pound Sterling (GBP), MILLI to Canadian Dollar (CAD), MILLI to Indian Rupee (INR), MILLI to Pakistani Rupee (PKR), MILLI to Brazilian Real (BRL), MILLI to…
The price of MILLI in the US is $0.₹0.00027393044 USD. Additionally, MILLI’s price is €0.{5}2595 EUR in the eurozone, £0.{5}2264 GBP in the UK, C$0.{5}4178 CAD in Canada, {5} INR in India, ₨0.0008531 PKR in Pakistan, R$0.{4}1679 BRL in Brazil, and more.
The most popular MILLI currency pair is the MILLI to South African rand(ZAR). The price of 1 MILLI (MILLI) in South African rand (ZAR) is R0.{4}5044.

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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.
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