Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

CAD to ZAR 2025 Forecasts

Analysis of recent loonie → rand forecasts for 2025. We collate forecasts from respected FX analysts together with the latest Canadian dollar to South African rand performance and trends.

 

The exchange rate forecast for CAD to ZAR highlights a complex landscape shaped by various economic factors influencing both currencies. Recent reports indicate the Canadian dollar (CAD), also known as the "loonie," is experiencing muted performance largely due to weaker oil prices, which significantly impact Canada's export-driven economy. As of the latest pricing, CAD to ZAR stands at 12.23, approximately 1.5% below its three-month average of 12.42, with a stable trading range of 12.16 to 12.86.

Factors contributing to the CAD's performance include recent interest rate cuts by the Bank of Canada, which have reduced the policy rate to 2.25% as of October 2025. Analysts suggest these cuts aim to address concerns over a weakening job market and overall economic uncertainty. Furthermore, fluctuations in oil prices continue to play a critical role; current oil prices are 4.1% below their three-month average of 65.05, reflecting volatility in global markets that indirectly pressures the CAD.

Meanwhile, the South African rand (ZAR) has shown some resilience, bolstered by positive investor sentiment following South Africa's exit from a financial crime 'grey list.' However, upcoming economic data releases, particularly concerning unemployment and manufacturing output, may challenge this trend. The rand has recently fluctuated slightly, with analysts observing a softer position against the U.S. dollar at 17.16. The South African Reserve Bank retains its interest rate at 7%, emphasizing a careful approach towards inflation control amid ongoing economic pressures.

Given these developments, market experts foresee that any further depreciation of the CAD could lead to a more favorable exchange rate for transactions involving ZAR. As oil prices stabilize and further economic data surfaces, particularly regarding labor markets and manufacturing output, the dynamics between CAD and ZAR will continue to evolve, making timely monitoring of these metrics vital for individuals and businesses engaging in international transactions.

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 =
12.23We compare provider deals to this wholesale mid-market rate. Read more
ZAR
1d0.0%
CAD to ZAR at 12.23 is 1.5% below its 3-month average of 12.42, having traded in a quite stable 5.8% range from 12.16 to 12.86
|
Tracker

Manage Tracker   


  1 ZAR = 0.081741 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.

DateCAD/ZARChangePeriod
14 Nov 2025
12.17
0.5% 2 Week
30 Aug 2025
12.84
4.8% 3 Month
28 Nov 2024
12.92
5.3% 1 Year
29 Nov 2020
11.74
4.2% 5 Year
01 Dec 2015
10.81
13.1% 10 Year
03 Dec 2005
5.4854
123% 20 Year
CAD/ZAR historic rates & change to 28-Nov-2025

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.

 
Track Rate
 

Manage Tracker   

 

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