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GORMED to ZAR Converter and calculator

GORMED/ZAR: 1 GORMED = 0.06132 ZAR. The price of converting 1 GORMED (GORMED) to South African rand (ZAR) is 0.06132 ZAR today.
GORMED
ZAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GORMED to ZAR real-time exchange rates, making it easy to convert GORMED (GORMED) to South African rand (ZAR). The conversion result is based on real-time data. The conversion result shows that 1 GORMED is currently valued at 0.06132 ZAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GORMED is currently valued at 0.06132 ZAR, which means buying 5 GORMED would cost 0.3066 ZAR. Similarly, R1 ZAR can be converted to 16.31 GORMED, and R50 ZAR can be converted to 81.53 GORMED, excluding any platform or gas fees.

Convert GORMED to ZAR

Convert ZAR to GORMED

GORMED
South African rand
1 GORMED
0.06132  ZAR
Exchange 1 GORMED for 0.06132 ZAR
2 GORMED
0.1226  ZAR
Exchange 2 GORMED for 0.1226 ZAR
5 GORMED
0.3066  ZAR
Exchange 5 GORMED for 0.3066 ZAR
10 GORMED
0.6132  ZAR
Exchange 10 GORMED for 0.6132 ZAR
20 GORMED
1.23  ZAR
Exchange 20 GORMED for 1.23 ZAR
50 GORMED
3.07  ZAR
Exchange 50 GORMED for 3.07 ZAR
100 GORMED
6.13  ZAR
Exchange 100 GORMED for 6.13 ZAR
200 GORMED
12.26  ZAR
Exchange 200 GORMED for 12.26 ZAR
500 GORMED
30.66  ZAR
Exchange 500 GORMED for 30.66 ZAR
1000 GORMED
61.32  ZAR
Exchange 1000 GORMED for 61.32 ZAR
5000 GORMED
306.62  ZAR
Exchange 5000 GORMED for 306.62 ZAR
10000 GORMED
613.24  ZAR
Exchange 10000 GORMED for 613.24 ZAR
In the table above, you'll find a comprehensive GORMED to ZAR converter that shows the value of GORMED in South African rand across commonly used conversion amounts. The list covers conversions from 1 GORMED to ZAR, all the way up to 10000 GORMED, providing a clear view of their respective values.
South African rand
GORMED
1 ZAR
16.31 GORMED
Exchange 1 ZAR for 16.31 GORMED
10 ZAR
163.07 GORMED
Exchange 10 ZAR for 163.07 GORMED
50 ZAR
815.34 GORMED
Exchange 50 ZAR for 815.34 GORMED
100 ZAR
1,630.67 GORMED
Exchange 100 ZAR for 1,630.67 GORMED
200 ZAR
3,261.35 GORMED
Exchange 200 ZAR for 3,261.35 GORMED
500 ZAR
8,153.37 GORMED
Exchange 500 ZAR for 8,153.37 GORMED
1000 ZAR
16,306.74 GORMED
Exchange 1000 ZAR for 16,306.74 GORMED
2000 ZAR
32,613.48 GORMED
Exchange 2000 ZAR for 32,613.48 GORMED
5000 ZAR
81,533.71 GORMED
Exchange 5000 ZAR for 81,533.71 GORMED
10000 ZAR
163,067.42 GORMED
Exchange 10000 ZAR for 163,067.42 GORMED
50000 ZAR
815,337.12 GORMED
Exchange 50000 ZAR for 815,337.12 GORMED
100000 ZAR
1,630,674.25 GORMED
Exchange 100000 ZAR for 1,630,674.25 GORMED
In the table above, you'll find a comprehensive ZAR to GORMED converter that shows the value of South African rand in GORMED across commonly used conversion amounts. The list covers conversions from 1 ZAR to GORMED, all the way up to 100000 ZAR, providing a clear view of their respective values.

GORMED to ZAR chart

GORMED/ZAR: 1 GORMED = 0.06132 ZAR; 2025/10/18 22:05:37
In the past 1D, GORMED has changed +74.08% to ZAR. Based on the trend and price charts, GORMED(GORMED) has changed +74.08% to ZAR while South African rand(ZAR) has changed % to GORMED in the last 24 hours.
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GORMED to ZAR conversion data: Volatility and price changes of GORMED in ZAR

The highest GORMED price in ZAR over the past 7 days was -- ZAR while the lowest GORMED price in ZAR over the past 7 days was -- ZAR. The relative change between the highs and lows in GORMED price in ZAR over the last 7 days indicates a volatility of %. You can view additional volatility data and GORMED 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
0.1051 ZAR
-- ZAR
-- ZAR
-- ZAR
Low
0 ZAR
-- ZAR
-- ZAR
-- ZAR
Average
0 ZAR
0 ZAR
0 ZAR
0 ZAR
Volatility
%
%
%
%
Change
+74.08%
--
--
--

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

GORMED to ZAR market statistics

GORMED/ZAR:
R0.06132
GORMED 24h volume:
R134,906,575.15
GORMED market cap:
R61,324,326.39
GORMED circulating supply:
1.00B GORMED

Current GORMED to ZAR exchange rate

GORMED to South African rand is falling this week.
GORMED's current market price is R0.06132 per GORMED, with a total market cap of R61,324,326.39 ZAR based on a circulating supply of 1,000,000,000 GORMED. The trading volume of GORMED has changed by --% (R-- ZAR) in the last 24 hours. Last trading day, GORMED's trading volume was R--.

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

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How to convert GORMED to ZAR

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GORMED to ZAR Conversion tables

The exchange rate of GORMED is decreasing.
The exchange rate of 1 GORMED to South African rand has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by +74.08%, reaching a high of 0.1051 ZAR and a low of 0 ZAR . One month ago, the value of 1 GORMED was R-- ZAR , which represents a --% change from its current value. Over the last year, GORMED has changed by
-R
--ZAR
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 22:05 today 24 hours ago 24h change
0.5 GORMED
R0.03066R--
+74.08%
1 GORMED
R0.06132R--
+74.08%
5 GORMED
R0.3066R--
+74.08%
10 GORMED
R0.6132R--
+74.08%
50 GORMED
R3.07R--
+74.08%
100 GORMED
R6.13R--
+74.08%
500 GORMED
R30.66R--
+74.08%
1000 GORMED
R61.32R--
+74.08%

GORMED to ZAR FAQ

How much is 1 GORMED in ZAR?
Right now, the price of 1 GORMED (GORMED) in South African rand (ZAR) is R0.06132.
How much GORMED can I buy for 1 ZAR?
Based on the current exchange rate, you can get 16.31 GORMED for 1 ZAR.
How do I calculate or convert GORMED to ZAR?
You can use our GORMED to ZAR calculator at the top of this page to convert any amount of GORMED to ZAR. We've also included quick-reference tables for the most popular conversions. For example, 5 ZAR is equivalent to 81.53 GORMED, while 5 GORMED will cost around 0.3066ZAR.
What is the highest price of GORMED/ZAR in history?
The all-time high price of 1 GORMED in ZAR is --. It remains to be seen if the value of 1 GORMED/ZAR will exceed the current all-time high.
What is the price trend of GORMED in ZAR?
Over the past 7 days, the exchange rate of GORMED (GORMED) has gone down by --.   Over the last month, the exchange rate of GORMED (GORMED) has gone down by -- against South African rand (ZAR).

What factors influence the conversion rate of GORMED to ZAR?

There are many factors that affect the relationship between GORMED 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 GORMED/ZAR. When there is positive news in the market about the widespread adoption of GORMED or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GORMED/ZAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GORMED/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 GORMED/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 GORMED 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 GORMED currency pairs: GORMED to US Dollar (USD), GORMED to Euro (EUR), GORMED to Pound Sterling (GBP), GORMED to Canadian Dollar (CAD), GORMED to Indian Rupee (INR), GORMED to Pakistani Rupee (PKR), GORMED to Brazilian Real (BRL), GORMED to…
The price of GORMED in the US is $0.003531 USD. Additionally, GORMED’s price is €0.003029 EUR in the eurozone, £0.002629 GBP in the UK, C$0.004952 CAD in Canada, ₹0.3108 INR in India, ₨1 PKR in Pakistan, R$0.01910 BRL in Brazil, and more.
The most popular GORMED currency pair is the GORMED to South African rand(ZAR). The price of 1 GORMED (GORMED) in South African rand (ZAR) is R0.06132.

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