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CAD to ZAR 2026 Forecasts

Analysis of recent loonie → rand forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Canadian dollar to South African rand performance and trends.

 

CAD/ZAR Outlook: Bearish, as the exchange rate is below its 90-day average and near recent lows, facing downward pressure from key developments.

Key drivers:

  • Rate gap: The Bank of Canada has lowered interest rates, while the South African Reserve Bank has adopted a more accommodative stance, which continues to support the Rand.
  • Risk/commodities: Oil prices have recently risen above average, but continued softness could dent Canadian commodity revenues, negatively impacting the CAD.
  • One macro factor: The recent drop in Canadian exports to the U.S. due to tariffs is impacting the CAD's performance.

Range: The CAD/ZAR pair is likely to drift within its stable recent range, as external factors may weigh down further movement for the CAD.

What could change it:

  • Upside risk: A sharp rise in oil prices could bolster the CAD significantly.
  • Downside risk: Continued economic instability in Canada may further weaken the loonie.

CAD-ZAR Rate Calculator

 
   
   
   
   
 
   
 
 

CAD to ZAR Market Data

Canadian dollar (CAD) to South African rand (ZAR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell CAD   →   Buy ZAR
1 CAD =
11.73We compare provider deals to this wholesale mid-market rate. Read more
ZAR
1d−0.9%▼
90dLows◒
CAD to ZAR is at 90-day lows near 11.76, 3.2% below its 3-month average of 12.15, having traded in a quite stable 5.8% range from 11.76 to 12.44
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  1 ZAR = 0.085279 CAD

Compare & Save - Canadian dollar to South African rand

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to South African rand (ZAR) rates from different sources before making a conversion.

Use our CAD to ZAR calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Loonie to Rand currency rates and the possible savings of using various providers.

 
 

Will the Canadian dollar rise against the South African rand?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian dollar vs South African rand current value is to look the CAD/ZAR historic rate and change over a range of periods.

The following table looks at the change in the CAD to ZAR exchange rate over periods from the previous week back to the last 10 years.

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add CAD/ZAR to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more