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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: Slightly weaker, but likely to move sideways as it trades below its recent average and is currently not driven by a single factor.

Key drivers:

• Rate gap: The Bank of Canada has maintained its policy rate, while the South African Reserve Bank recently cut its rate, creating a divergence that may favor the CAD.

• Risk/commodities: Oil prices are currently above their recent average, supporting the CAD due to Canada's status as a major oil exporter.

• One macro factor: Stronger gold prices have positively influenced the South African rand, enhancing investor confidence in the ZAR.

Range: Movement in CAD/ZAR is expected to drift within the established range, without major tests of extremes.

What could change it:

• Upside risk: A significant rebound in oil prices could boost the CAD.

• Downside risk: Continued weakness in global economic conditions could pressure the rand and strengthen its performance against the CAD.

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 =
11.75We compare provider deals to this wholesale mid-market rate. Read more
ZAR
1d+0.2%▲
14dHighs◓
CAD to ZAR is at 14-day highs near 11.87, 1.7% below its 3-month average of 12.08, having traded in a relatively stable 6.9% range from 11.64 to 12.44
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Tracker

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  1 ZAR = 0.085103 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