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DEEM to ZAR Converter and calculator

DEEM/ZAR: 1 DEEM = 31.5 ZAR. The price of converting 1 iShares MSCI Emerging Markets ETF Defichain (DEEM) to South African rand (ZAR) is 31.5 ZAR today.
DEEM
DEEM
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides DEEM to ZAR real-time exchange rates, making it easy to convert iShares MSCI Emerging Markets ETF Defichain (DEEM) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 DEEM is currently valued at 31.50 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 DEEM is currently valued at 31.50 ZAR, which means buying 5 DEEM would cost 157.49 ZAR. Similarly, R1 ZAR can be converted to 0.03175 DEEM, and R50 ZAR can be converted to 0.1587 DEEM, excluding any platform or gas fees.

Convert DEEM to ZAR

Convert ZAR to DEEM

iShares MSCI Emerging Markets ETF Defichain
South African rand
50 DEEM
1,574.92  ZAR
100 DEEM
3,149.83  ZAR
200 DEEM
6,299.67  ZAR
500 DEEM
15,749.17  ZAR
1000 DEEM
31,498.33  ZAR
5000 DEEM
157,491.67  ZAR
10000 DEEM
314,983.35  ZAR
In the table above, you'll find a comprehensive DEEM to ZAR converter that shows the value of iShares MSCI Emerging Markets ETF Defichain in South African rand across commonly used conversion amounts. The list covers conversions from 1 DEEM to ZAR, all the way up to 10000 DEEM, providing a clear view of their respective values.
South African rand
iShares MSCI Emerging Markets ETF Defichain
50000 ZAR
1,587.39 DEEM
100000 ZAR
3,174.77 DEEM
In the table above, you'll find a comprehensive ZAR to DEEM converter that shows the value of South African rand in iShares MSCI Emerging Markets ETF Defichain across commonly used conversion amounts. The list covers conversions from 1 ZAR to DEEM, all the way up to 100000 ZAR, providing a clear view of their respective values.

DEEM to ZAR chart

DEEM/ZAR: 1 DEEM = 31.5 ZAR; 2025/04/29 23:28:46
In the past 1D, iShares MSCI Emerging Markets ETF Defichain has changed +1.30% to ZAR. Based on the trend and price charts, iShares MSCI Emerging Markets ETF Defichain(DEEM) has changed +1.30% to ZAR while South African rand(ZAR) has changed % to DEEM in the last 24 hours.
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DEEM to ZAR conversion data: Volatility and price changes of iShares MSCI Emerging Markets ETF Defichain in ZAR

The highest iShares MSCI Emerging Markets ETF Defichain price in ZAR over the past 7 days was 40.4 ZAR while the lowest iShares MSCI Emerging Markets ETF Defichain price in ZAR over the past 7 days was 26.05 ZAR. The relative change between the highs and lows in iShares MSCI Emerging Markets ETF Defichain price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and DEEM 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
31.51 ZAR
40.4 ZAR
56.12 ZAR
110.01 ZAR
Low
30.94 ZAR
26.05 ZAR
0.6157 ZAR
0.6157 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
+1.30%
-7.25%
+3.11%
-15.13%

iShares MSCI Emerging Markets ETF Defichain information

DEEM to ZAR market statistics

DEEM/ZAR:
R31.5
DEEM 24h volume:
--
DEEM market cap:
--
DEEM circulating supply:
0 DEEM

Current DEEM to ZAR exchange rate

iShares MSCI Emerging Markets ETF Defichain to South African rand is falling this week.
iShares MSCI Emerging Markets ETF Defichain's current market price is R31.5 per DEEM, with a total market cap of R0 ZAR based on a circulating supply of -- DEEM. The trading volume of iShares MSCI Emerging Markets ETF Defichain has changed by -100.00% (R-- ZAR) in the last 24 hours. Last trading day, DEEM's trading volume was R--.

More info about iShares MSCI Emerging Markets ETF Defichain 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 iShares MSCI Emerging Markets ETF Defichain currency pair is the DEEM to ZAR, with for iShares MSCI Emerging Markets ETF Defichain's currency code being DEEM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for ZAR.

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How to convert DEEM to ZAR

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DEEM to ZAR Conversion tables

The exchange rate of iShares MSCI Emerging Markets ETF Defichain is increasing.
The exchange rate of 1 DEEM to South African rand has changed by -7.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.30%, reaching a high of 31.51 ZAR and a low of 30.94 ZAR . One month ago, the value of 1 DEEM was R30.55 ZAR , which represents a +3.11% change from its current value. Over the last year, iShares MSCI Emerging Markets ETF Defichain has changed by
-R
318.11ZAR
, resulting in a change of -90.99% in its value.
24 hours ago1 month ago1 year ago
Amount23:28 today24 hours ago24h change
0.5 DEEMR15.75R15.55
+1.30%
1 DEEMR31.5R31.09
+1.30%
5 DEEMR157.49R155.47
+1.30%
10 DEEMR314.98R310.95
+1.30%
50 DEEMR1,574.92R1,554.73
+1.30%
100 DEEMR3,149.83R3,109.45
+1.30%
500 DEEMR15,749.17R15,547.27
+1.30%
1000 DEEMR31,498.33R31,094.54
+1.30%

DEEM to ZAR FAQ

How much is 1 iShares MSCI Emerging Markets ETF Defichain in ZAR?
Right now, the price of 1 iShares MSCI Emerging Markets ETF Defichain (DEEM) in South African rand (ZAR) is R31.5.
How much DEEM can I buy for 1 ZAR?
Based on the current exchange rate, you can get 0.03175 DEEM for 1 ZAR.
How do I calculate or convert DEEM to ZAR?
You can use our DEEM to ZAR calculator at the top of this page to convert any amount of DEEM to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 0.1587 DEEM, while 5 DEEM will cost around 157.49ZAR.
What is the highest price of DEEM/ZAR in history?
The all-time high price of 1 DEEM in ZAR is R1,429.56. It remains to be seen if the value of 1 DEEM/ZAR will exceed the current all-time high.
What is the price trend of iShares MSCI Emerging Markets ETF Defichain in ZAR?
Over the past 7 days, the exchange rate of iShares MSCI Emerging Markets ETF Defichain (DEEM) has gone down by 7.25%.   Over the last month, the exchange rate of iShares MSCI Emerging Markets ETF Defichain (DEEM) has gone up by 3.11% against South African rand (ZAR).

What factors influence the conversion rate of DEEM to ZAR?

There are many factors that affect the relationship between iShares MSCI Emerging Markets ETF Defichain 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 DEEM/ZAR. When there is positive news in the market about the widespread adoption of DEEM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DEEM/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DEEM/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 DEEM/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 iShares MSCI Emerging Markets ETF Defichain and adjust their investment strategies accordingly in the evolving market.

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