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shovel to ZAR Converter and calculator

shovel/ZAR: 1 shovel = 0.007676 ZAR. The price of converting 1 shovelcoin (shovel) to South African rand (ZAR) is 0.007676 ZAR today.
shovel
shovel
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides shovel to ZAR real-time exchange rates, making it easy to convert shovelcoin (shovel) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 shovel is currently valued at 0.007676 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 shovel is currently valued at 0.007676 ZAR, which means buying 5 shovel would cost 0.03838 ZAR. Similarly, R1 ZAR can be converted to 130.27 shovel, and R50 ZAR can be converted to 651.36 shovel, excluding any platform or gas fees.

Convert shovel to ZAR

Convert ZAR to shovel

shovelcoin
South African rand
1 shovel
0.007676  ZAR
Exchange 1 shovel for 0.007676 ZAR
2 shovel
0.01535  ZAR
Exchange 2 shovel for 0.01535 ZAR
5 shovel
0.03838  ZAR
Exchange 5 shovel for 0.03838 ZAR
10 shovel
0.07676  ZAR
Exchange 10 shovel for 0.07676 ZAR
20 shovel
0.1535  ZAR
Exchange 20 shovel for 0.1535 ZAR
50 shovel
0.3838  ZAR
Exchange 50 shovel for 0.3838 ZAR
100 shovel
0.7676  ZAR
Exchange 100 shovel for 0.7676 ZAR
200 shovel
1.54  ZAR
Exchange 200 shovel for 1.54 ZAR
500 shovel
3.84  ZAR
Exchange 500 shovel for 3.84 ZAR
1000 shovel
7.68  ZAR
Exchange 1000 shovel for 7.68 ZAR
5000 shovel
38.38  ZAR
Exchange 5000 shovel for 38.38 ZAR
10000 shovel
76.76  ZAR
Exchange 10000 shovel for 76.76 ZAR
In the table above, you'll find a comprehensive shovel to ZAR converter that shows the value of shovelcoin in South African rand across commonly used conversion amounts. The list covers conversions from 1 shovel to ZAR, all the way up to 10000 shovel, providing a clear view of their respective values.
South African rand
shovelcoin
1 ZAR
130.27 shovel
Exchange 1 ZAR for 130.27 shovel
10 ZAR
1,302.72 shovel
Exchange 10 ZAR for 1,302.72 shovel
50 ZAR
6,513.61 shovel
Exchange 50 ZAR for 6,513.61 shovel
100 ZAR
13,027.22 shovel
Exchange 100 ZAR for 13,027.22 shovel
200 ZAR
26,054.45 shovel
Exchange 200 ZAR for 26,054.45 shovel
500 ZAR
65,136.12 shovel
Exchange 500 ZAR for 65,136.12 shovel
1000 ZAR
130,272.23 shovel
Exchange 1000 ZAR for 130,272.23 shovel
2000 ZAR
260,544.46 shovel
Exchange 2000 ZAR for 260,544.46 shovel
5000 ZAR
651,361.15 shovel
Exchange 5000 ZAR for 651,361.15 shovel
10000 ZAR
1,302,722.31 shovel
Exchange 10000 ZAR for 1,302,722.31 shovel
50000 ZAR
6,513,611.54 shovel
Exchange 50000 ZAR for 6,513,611.54 shovel
100000 ZAR
13,027,223.09 shovel
Exchange 100000 ZAR for 13,027,223.09 shovel
In the table above, you'll find a comprehensive ZAR to shovel converter that shows the value of South African rand in shovelcoin across commonly used conversion amounts. The list covers conversions from 1 ZAR to shovel, all the way up to 100000 ZAR, providing a clear view of their respective values.

shovel to ZAR chart

shovel/ZAR: 1 shovel = 0.007676 ZAR; 2025/12/25 04:10:25
In the past 1D, shovelcoin has changed 0.00% to ZAR. Based on the trend and price charts, shovelcoin(shovel) has changed 0.00% to ZAR while South African rand(ZAR) has changed % to shovel in the last 24 hours.
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shovel to ZAR conversion data: Volatility and price changes of shovelcoin in ZAR

The highest shovelcoin price in ZAR over the past 7 days was -- ZAR while the lowest shovelcoin price in ZAR over the past 7 days was -- ZAR. The relative change between the highs and lows in shovelcoin price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and shovel 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 ZAR
-- ZAR
-- ZAR
-- ZAR
Low
0 ZAR
-- ZAR
-- ZAR
-- ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
--
--
--
--

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

shovel to ZAR market statistics

shovel/ZAR:
R0.007676
shovel 24h volume:
--
shovel market cap:
R7,675,203.28
shovel circulating supply:
999.87M shovel

Current shovel to ZAR exchange rate

shovelcoin to South African rand is falling this week.
shovelcoin's current market price is R0.007676 per shovel, with a total market cap of R7,675,203.28 ZAR based on a circulating supply of 999,865,860 shovel. The trading volume of shovelcoin has changed by --% (R-- ZAR) in the last 24 hours. Last trading day, shovel's trading volume was R--.

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

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shovel to ZAR Conversion tables

The exchange rate of shovelcoin is decreasing.
The exchange rate of 1 shovel to South African rand has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by 0.00%, reaching a high of 0 ZAR and a low of 0 ZAR . One month ago, the value of 1 shovel was R-- ZAR , which represents a --% change from its current value. Over the last year, shovelcoin has changed by
-R
--ZAR
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 04:10 am today 24 hours ago 24h change
0.5 shovel
R0.003838R--
0.00%
1 shovel
R0.007676R--
0.00%
5 shovel
R0.03838R--
0.00%
10 shovel
R0.07676R--
0.00%
50 shovel
R0.3838R--
0.00%
100 shovel
R0.7676R--
0.00%
500 shovel
R3.84R--
0.00%
1000 shovel
R7.68R--
0.00%

shovel to ZAR FAQ

How much is 1 shovelcoin in ZAR?
Right now, the price of 1 shovelcoin (shovel) in South African rand (ZAR) is R0.007676.
How much shovel can I buy for 1 ZAR?
Based on the current exchange rate, you can get 130.27 shovel for 1 ZAR.
How do I calculate or convert shovel to ZAR?
You can use our shovel to ZAR calculator at the top of this page to convert any amount of shovel to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 651.36 shovel, while 5 shovel will cost around 0.03838ZAR.
What is the highest price of shovel/ZAR in history?
The all-time high price of 1 shovel in ZAR is --. It remains to be seen if the value of 1 shovel/ZAR will exceed the current all-time high.
What is the price trend of shovelcoin in ZAR?
Over the past 7 days, the exchange rate of shovelcoin (shovel) has gone down by --.   Over the last month, the exchange rate of shovelcoin (shovel) has gone down by -- against South African rand (ZAR).

What factors influence the conversion rate of shovel to ZAR?

There are many factors that affect the relationship between shovelcoin 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 shovel/ZAR. When there is positive news in the market about the widespread adoption of shovel or major technological breakthroughs, it tends to trigger market optimism and drive the rise of shovel/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in shovel/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 shovel/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 shovelcoin 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 shovelcoin currency pairs: shovel to US Dollar (USD), shovel to Euro (EUR), shovel to Pound Sterling (GBP), shovel to Canadian Dollar (CAD), shovel to Indian Rupee (INR), shovel to Pakistani Rupee (PKR), shovel to Brazilian Real (BRL), shovel to…
The price of shovelcoin in the US is $0.0004606 USD. Additionally, shovelcoin’s price is €0.0003911 EUR in the eurozone, £0.0003412 GBP in the UK, C$0.0006299 CAD in Canada, ₹0.04137 INR in India, ₨0.1290 PKR in Pakistan, R$0.002543 BRL in Brazil, and more.
The most popular shovelcoin currency pair is the shovel to South African rand(ZAR). The price of 1 shovelcoin (shovel) in South African rand (ZAR) is R0.007676.

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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.