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 recent exchange rate forecasts for the CAD to ZAR reflect a complex interplay of economic indicators impacting both currencies. Analysts note that the Canadian dollar (CAD) faces pressure largely due to a significant decline in oil prices, with current trading around 12.24 ZAR, which is approximately 1.8% below its three-month average of 12.46 ZAR. The volatility in oil prices—currently trading at 63.66 USD, 2.9% below its three-month average—underlines the CAD's sensitivity, as Canada is a major oil exporter. A continued slump in oil prices could lead to further resistance for the CAD against the ZAR.

Recent monetary policy actions from the Bank of Canada, including two rate cuts in September and October, which brought the key interest rate down to 2.25%, reflect concerns over a weakening job market and economic uncertainties. These cuts could deter foreign investment in the CAD, leading to depreciation pressures. Further, the U.S. labor market's recent challenges, highlighted by significant job cuts, are likely to exert additional support for the CAD as market participants explore relative strength against the U.S. dollar.

On the other hand, the South African rand (ZAR) has experienced fluctuations due to several domestic factors. While the rand softened in early November as market anticipation built around unemployment and manufacturing data, the recent removal from the 'grey list' has bolstered investor confidence. This positive sentiment contributes to a firmer rand, despite potential challenges in global demand impacting South Africa's export-oriented industries.

Economists observe that the SARB's decision to maintain interest rates at 7% reflects a cautious approach to balancing inflation targets and economic growth, which may influence the ZAR's trajectory in the near term. Moving forward, developments in global economic conditions, particularly those linked to oil price fluctuations and trade relations, will be instrumental in shaping the CAD/ZAR exchange rate.

Overall, both currencies are navigating a landscape characterized by external pressures and intrinsic economic challenges. Investors may need to monitor oil prices, central bank policies, and broader economic indicators closely as these will significantly affect the CAD/ZAR exchange rate moving forward.

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 =
12.22We compare provider deals to this wholesale mid-market rate. Read more
ZAR
1d−0.4%
CAD to ZAR at 12.22 is 1.9% below its 3-month average of 12.46, having traded in a quite stable 5.8% range from 12.16 to 12.87
|
Tracker

Manage Tracker   


  1 ZAR = 0.081813 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
06 Nov 2025
12.31
0.6% 2 Week
22 Aug 2025
12.61
2.9% 3 Month
20 Nov 2024
12.97
5.6% 1 Year
21 Nov 2020
11.77
4% 5 Year
23 Nov 2015
10.53
16.2% 10 Year
25 Nov 2005
5.5728
119.6% 20 Year
CAD/ZAR historic rates & change to 20-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