Recent forecasts for the AED to ZAR exchange rate reflect a dynamic landscape influenced by several key developments in both the UAE and South Africa. As of November 11, 2025, the exchange rate is trading at 4.6589 ZAR, marking a decline of 1.2% from its 3-month average of 4.7182, within a relatively stable range of 4.6427 to 4.8388.
In the UAE, a significant currency swap agreement with Turkey valued at 18 billion AED is expected to bolster local currency liquidity and improve financial transactions. Analysts view this development positively, as it may enhance the attractiveness of the AED in cross-border trade. Furthermore, a recent interest rate cut by the UAE Central Bank aims to stimulate the economy, which, combined with strengthening against several Asian currencies, demonstrates resilience and potential support for the AED.
In contrast, the South African Rand faces challenges, particularly ahead of critical economic data releases. Anticipations of a decline in manufacturing output and slight increases in unemployment may exert downward pressure on the ZAR. Nonetheless, recent improvements in investor sentiment following the country's removal from the global financial crime 'grey list' suggest a cautious optimism among analysts regarding the ZAR’s potential recovery.
Comparatively, movements in the oil market also play a crucial role. With Brent Crude OIL/USD currently trading at 62.38, which is 4.1% below its 3-month average of 65.05, it's important to note that South Africa, as a key commodity exporter, can be significantly affected by fluctuations in oil prices. Should oil prices stabilize or improve, this could lend some support to the ZAR.
Considering these factors, currency experts predict a cautious approach in the AED/ZAR exchange rate. Potential volatility is anticipated in the near term, driven by regional economic developments and global commodity trends. Stakeholders engaged in international transactions should remain vigilant and consider these insights when planning their currency exchanges.