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

EUR to ZAR 2025 Forecasts

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

 

The euro (EUR) has recently faced downward pressure due to its negative correlation with a strengthening US dollar (USD), as evidenced by a dip in the exchange rate. The final services PMI for the Eurozone showed minimal support for the currency, reflecting sluggish economic activity that analysts suggest could persist. Upcoming data, including forecasts for German factory orders and Eurozone PPI, may further strain the euro unless the European Central Bank (ECB) emphasizes a hawkish stance in future communications.

Recent developments have contributed to a complex outlook for the euro. Elevated inflation rates continue to challenge the ECB's monetary policy, leading to speculation about potential pauses in interest rate hikes. Concurrently, concerns about slowing GDP growth across the Eurozone are dampening confidence. Ongoing geopolitical tensions, particularly surrounding trade relationships with the US and UK, combined with fluctuations in energy prices, are also influencing market sentiment towards the euro.

Currently, the EUR to ZAR exchange rate sits at 20.62, only 0.7% below its three-month average of 20.76, indicating relative stability despite a trading range of 8.0% over recent months. Analysts highlight that economic resilience in countries influencing the EUR, like Germany and France, remains crucial for the currency's performance.

On the South African rand (ZAR) side, the country faces vulnerabilities due to its reliance on foreign capital. The imposition of a 30% tariff rate by the US underlines the challenges South Africa faces amidst changing trade dynamics. As the rand is sensitive to shifts in global investor sentiment, any deterioration in international market conditions may provoke further depreciation against the euro.

Furthermore, movements in oil prices impact both currencies. With oil trading at $68.80 per barrel—3.2% above its three-month average—there is volatility that could affect the ZAR, considering South Africa’s reliance on commodity prices. Analysts suggest that ongoing geopolitical developments and global economic conditions will remain pivotal in determining the future course of both the EUR and ZAR in the coming months.

In essence, while the euro contends with internal economic pressures and geopolitical unrest, the rand's performance could be undercut by external factors, making it crucial for stakeholders to remain vigilant in monitoring these evolving dynamics.

EUR-ZAR Rate Calculator

 
   
   
   
   
 
   
 
 

EUR to ZAR Market Data

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

 
Sell EUR   →   Buy ZAR
1 EUR =
20.61We compare provider deals to this wholesale mid-market rate. Read more
ZAR
-0.5%
EUR to ZAR at 20.62 is just 0.7% below its 3-month average of 20.76, having traded in a relatively stable 8.0% range from 20.14 to 21.75
|
Tracker

Manage Tracker   


Compare & Save - Euro to South African rand

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

Use our EUR 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 Euro to Rand currency rates and the possible savings of using various providers.

 
 

Will the Euro 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 Euro vs South African rand current value is to look the EUR/ZAR historic rate and change over a range of periods.

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

DateEUR/ZARChangePeriod
20 Jun 2025
20.74
0.6% 2 Week
05 Apr 2025
20.97
1.7% 3 Month
04 Jul 2024
19.75
4.4% 1 Year
05 Jul 2020
19.18
7.5% 5 Year
07 Jul 2015
13.68
50.7% 10 Year
09 Jul 2005
8.2131
150.9% 20 Year
EUR/ZAR historic rates & change to 04-Jul-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 EUR/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