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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 exchange rate is currently range-bound.

The European Central Bank's (ECB) cautious outlook on euro strength and its impact on inflation is weighing on the euro. Meanwhile, South Africa's positive economic growth forecasts and easing monetary policy from the South African Reserve Bank (SARB) are supporting the rand. Additionally, the eurozone's overall growth projection of 1.6% benefits the euro but is tempered by geopolitical risks and trade uncertainties. Recent data shows the euro at 19.50 ZAR, slightly below its three-month average, indicating a stable trading range.

Upside risks for the euro include stronger-than-expected consumer confidence in Germany, while downside risks could arise from further geopolitical tensions affecting the eurozone's stability. For the South African rand, economic improvements and continued support for the SARB's inflation targets could help advance its value against the euro.

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 =
19.48We compare provider deals to this wholesale mid-market rate. Read more
ZAR
1d−0.7%▼
 
EUR to ZAR at 19.50 is 2.1% below its 3-month average of 19.92, having traded in a quite stable 4.4% range from 19.49 to 20.34
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  1 ZAR = 0.051326 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
17 Dec 2025
19.70
1% ▼2 Week
02 Oct 2025
20.27
3.8% ▼3 Month
31 Dec 2024
19.56
0.3% ▼1 Year
01 Jan 2021
17.82
9.4% ▲5 Year
03 Jan 2016
16.81
16% ▲10 Year
05 Jan 2006
7.4424
162% ▲20 Year
EUR/ZAR historic rates & change to 31-Dec-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.

 
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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