Quick Answer: How Much Cash Does South Africa Have?

What can you not bring into South Africa?

The importation of the following goods into South Africa is strictly prohibited:Narcotic and habit-forming drugs in any form.Fully automatic, military and unnumbered weapons.Explosives and fireworks.Poison and other toxic substances.Cigarettes with a mass of more than 2kg per 1 000.More items…•.

Can you take ripped money to the bank in South Africa?

Mopai referred to the South African Reserve Bank Act 90 of 1989, section 14 (4) that states “The Bank shall not be obliged to make any payment in respect of a torn banknote or a banknote which, in the opinion of the Bank, is mutilated and which may be tendered to it, but may, in its discretion, make a payment in …

What prescription drugs are illegal in South Africa?

7 medications banned in SATerfenadine. Terfenadine is found in medications such as Seldane and Triludan. … All Kava-containing medicines. The roots of the Kava plant are used to produce a drink with sedative and anaesthetic qualities. … Avandia. … Flunitrazepam. … Chlormezanone. … Barbiturates in asthma medications. … Mibefradil. … Read more:

Does South Africa accept US dollars?

South Africa’s currency is the South African rand. When traveling in South Africa, it’s smart to carry both ZAR and US dollars. … Many of Africa’s national parks will only accept US dollars for their entry fees, and some tourist activities, like safaris and other tours, will require that you pay and tip in USD.

How can I take money to South Africa?

Key alternatives include using your foreign credit or debit card (yes, there are ATMs everywhere in SA, even in rural towns), arranging a special travel money card or bringing cash to exchange or traveller’s cheques.

Is South Africa good value for money?

“South Africa is renowned for offering exceptional value for money year-round,” said Tolene van der Merwe, head of South African tourism in the UK. “With the current exchange rate of 19 rand to the pound, now is the perfect time for British travellers to visit.”

How much money is in circulation in South Africa?

The Rand is denominated in banknotes of R 200, 100, 50, 20 and 10, and in coins of R5, 2 and 1, and 50, 20, 10 and 5 cents.  Last year the value of money in circulation was around R75 billion – nearly double the value in 2003.  As of 2010, there were nearly 2,700 bank branches in South Africa and 20,000 ATMs.

What is the best currency to use in South Africa?

The best foreign currencies to bring in cash are US dollars, euros or British pounds, but a debit or credit card will be more useful, as most businesses only accept rand. Cash is readily exchanged at banks and foreign-exchange bureaus in the cities.

Is it illegal to destroy money in South Africa?

It is an offence to use or knowingly have in your possession any material whatsoever upon which has been engraved or marked any such words, figures, letters, marks, lines or devices. It is a crime to destroy, melt down, dissolve, break up or damage any coin.

What must be declared at customs South Africa?

Goods that you have to declare They include any firearms, as well as: Currency: South African bank notes in excess of R25 000; foreign currency above $10 000; gold coins; coin and stamp collections; and unprocessed gold.

Do I need proof of vaccinations for South Africa?

Given to anyone unvaccinated or at an increased risk, especially students. Many of the countries surrounding South Africa require proof of yellow fever vaccination for entry. Consult with a travel health specialist to learn if you will need the vaccine. Malaria is present in some regions of South Africa.

How much cash can you take to South Africa?

There are limits on the amount of currency you can bring into South Africa. For cash in South African Rand (ZAR), the limit is 25,000ZAR. For combinations of cash in other currencies, the limit is US$10,000 (or equivalent). You should declare any amount higher than this on entry to South Africa.

What is the best credit card in South Africa?

South African credit cards comparedCredit AccountInitiation FeeMonthly FeesAfrican Bank Silver Credit (MMI)R115.00R69.00African Bank Gold Credit (MMI)R115.00R69.00Nedbank Classic CreditR189.65R72.00American Express Gold Credit (Nedbank)R189.65R75.0023 more rows•Jan 8, 2019

Does South Africa print its own money?

All South African paper money is printed by the South African Bank Note Company (SABN), although the company’s managing director, Peter Gloster, points out “in theory what is produced here is stationery. It only becomes valuable when issued by the Reserve Bank.”

How do I avoid customs charges in South Africa?

To avoid South African import duties, break the seal of the items before coming back. If you arrive at the airport, for example, with a new phone still sealed in a box, you will be charged a customs duty even if it is yours. Break the seal and place the item in a different bag out of the box.

Is South Africa expensive to live in?

However, South Africa is still a much more affordable country to live in than most European, Asian and North American countries. … Having said that, the general cost of living in South African cities is considerably cheaper than the majority of major cities around the world.

Can you drink the water in South Africa?

SA’s tap water is safe to drink Government assures the public the tap water in the country is safe for human consumption. Water is life, therefore, it is a priority for government to ensure that citizens and tourists are served with safe drinking water.

Can I use my debit card in South Africa?

Using debit cards A debit card could be a good travel money choice to take to South Africa. Most ATMs and EFTPOS machines in South Africa accept Mastercard and Visa debit cards and don’t charge a local ATM fee. … And because you’re spending your own money, you avoid interest charges.