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EUR to ZAR 2026 Forecasts

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

 

The EUR/ZAR market is currently range-bound, as recent movements indicate a lack of strong directional bias.

Key drivers include the interest rate differential between the European Central Bank and South African Reserve Bank, with the latter recently lowering rates to stimulate growth. Additionally, the Eurozone's projected economic growth of 1.6% in 2026 is supportive for the euro, while local economic improvements in South Africa, such as better electricity supply, could bolster the rand.

Expect the EUR/ZAR to trade within a stable range, influenced by shifting economic outlooks and geopolitical factors.

An upside risk for the euro could emerge from stronger-than-expected economic data in the Eurozone, while a downside risk may arise from increased geopolitical tensions affecting investor sentiment.

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 =
19.21We compare provider deals to this wholesale mid-market rate. Read more
ZAR
1d−0.4%▼
90dLows◒
EUR to ZAR at 19.12 is 3.7% below its 3-month average of 19.85, having traded in a relatively stable 6.4% range from 19.11 to 20.34
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  1 ZAR = 0.052051 EUR

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
24 Dec 2025
19.62
2.4% ▼2 Week
09 Oct 2025
19.89
3.8% ▼3 Month
07 Jan 2025
19.34
1% ▼1 Year
08 Jan 2021
18.70
2.4% ▲5 Year
10 Jan 2016
17.83
7.3% ▲10 Year
12 Jan 2006
7.2886
162.6% ▲20 Year
EUR/ZAR historic rates & change to 07-Jan-2026

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.

 
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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