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MER to ZAR Converter and calculator

MER/ZAR: 1 MER = 0.00 ZAR. The price of converting 1 Mercurial Finance (MER) to South African rand (ZAR) is 0.00 ZAR today.
MER
MER
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MER to ZAR real-time exchange rates, making it easy to convert Mercurial Finance (MER) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 MER is currently valued at 0 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MER is currently valued at 0 ZAR, which means buying 5 MER would cost 0 ZAR. Similarly, R1 ZAR can be converted to Infinity MER, and R50 ZAR can be converted to Infinity MER, excluding any platform or gas fees.

Convert MER to ZAR

Convert ZAR to MER

Mercurial Finance
South African rand
In the table above, you'll find a comprehensive MER to ZAR converter that shows the value of Mercurial Finance in South African rand across commonly used conversion amounts. The list covers conversions from 1 MER to ZAR, all the way up to 10000 MER, providing a clear view of their respective values.
South African rand
Mercurial Finance
100000 ZAR
Infinity MER
In the table above, you'll find a comprehensive ZAR to MER converter that shows the value of South African rand in Mercurial Finance across commonly used conversion amounts. The list covers conversions from 1 ZAR to MER, all the way up to 100000 ZAR, providing a clear view of their respective values.

MER to ZAR chart

MER/ZAR: 1 MER = 0 ZAR; 2025/04/27 15:33:14
In the past 1D, Mercurial Finance has changed -0.04% to ZAR. Based on the trend and price charts, Mercurial Finance(MER) has changed -0.04% to ZAR while South African rand(ZAR) has changed % to MER in the last 24 hours.
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MER to ZAR conversion data: Volatility and price changes of Mercurial Finance in ZAR

The highest Mercurial Finance price in ZAR over the past 7 days was 0.004475 ZAR while the lowest Mercurial Finance price in ZAR over the past 7 days was 0.002681 ZAR. The relative change between the highs and lows in Mercurial Finance price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and MER 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
0.002924 ZAR
0.004475 ZAR
0.008123 ZAR
0.008586 ZAR
Low
0.002919 ZAR
0.002681 ZAR
0.001122 ZAR
0.001122 ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
-0.04%
-30.16%
-22.11%
-61.83%

Mercurial Finance information

MER to ZAR market statistics

MER/ZAR:
--
MER 24h volume:
--
MER market cap:
--
MER circulating supply:
0 MER

Current MER to ZAR exchange rate

Mercurial Finance to South African rand is falling this week.
Mercurial Finance's current market price is R0 per MER, with a total market cap of R0 ZAR based on a circulating supply of -- MER. The trading volume of Mercurial Finance has changed by 0.00% (R0 ZAR) in the last 24 hours. Last trading day, MER's trading volume was R0.

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

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How to convert MER to ZAR

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Bitget P2P trading does not currently support direct buying of MER with ZAR. However, you can buy USDT in Bitget P2P trading first, and then buy MER with USDT via Bitget spot market.
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MER to ZAR Conversion tables

The exchange rate of Mercurial Finance is decreasing.
The exchange rate of 1 MER to South African rand has changed by -30.16% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.04%, reaching a high of 0.002924 ZAR and a low of 0.002919 ZAR . One month ago, the value of 1 MER was R0.0008294 ZAR , which represents a -22.11% change from its current value. Over the last year, Mercurial Finance has changed by
-R
0.2690ZAR
, resulting in a change of -98.93% in its value.
24 hours ago1 month ago1 year ago
Amount15:33 today24 hours ago24h change
0.5 MERR0R0.{6}6539
-0.04%
1 MERR0R0.{5}1308
-0.04%
5 MERR0R0.{5}6539
-0.04%
10 MERR0R0.{4}1308
-0.04%
50 MERR0R0.{4}6539
-0.04%
100 MERR0R0.0001308
-0.04%
500 MERR0R0.0006539
-0.04%
1000 MERR0R0.001308
-0.04%

MER to ZAR FAQ

How much is 1 Mercurial Finance in ZAR?
Right now, the price of 1 Mercurial Finance (MER) in South African rand (ZAR) is R0.
How much MER can I buy for 1 ZAR?
Based on the current exchange rate, you can get Infinity MER for 1 ZAR.
How do I calculate or convert MER to ZAR?
You can use our MER to ZAR calculator at the top of this page to convert any amount of MER to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to Infinity MER, while 5 MER will cost around 0.00ZAR.
What is the highest price of MER/ZAR in history?
The all-time high price of 1 MER in ZAR is R35.73. It remains to be seen if the value of 1 MER/ZAR will exceed the current all-time high.
What is the price trend of Mercurial Finance in ZAR?
Over the past 7 days, the exchange rate of Mercurial Finance (MER) has gone down by 30.16%.   Over the last month, the exchange rate of Mercurial Finance (MER) has gone down by 22.11% against South African rand (ZAR).

What factors influence the conversion rate of MER to ZAR?

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

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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.