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CAD to ZAR - Best Rates Guide

We review Canadian Dollar to South African Rand latest & historic FX rates along with recent CAD/ZAR Trend and Alerts.

 

Best CAD to ZAR Rate

1 CAD = 12.00 ZAR
LATEST CAD/ZAR MID-MARKET The mid-market rate is the best possible exchange rate available. Read more RATE

SELL CAD  :  BUY ZAR 
Invert Rate
ZAR to CAD
SELL ZAR  :  BUY CAD
CADZAR at 11.99 is 1.5% above its 90-DAY average, range 11.32-12.31.
🔔 CADZAR is UP 1.5% this 4-DAY period.
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Alert:4-DAY1.5% |
 
CAD to ZAR - Trends & Alerts

View My Alerts

     

Comparing CAD to ZAR Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale CAD/ZAR rate ( interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for CAD to ZAR International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.

 
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Canadian Dollar to South African Rand - Quick Conversions

CAD ZAR
C$ 1 R 12.00
C$ 5 R 60.00
C$ 10 R 120.00
C$ 20 R 240.00
C$ 50 R 600.00
C$ 100 R 1,200
C$ 250 R 3,000
C$ 500 R 6,000
C$ 1,000 R 12,000
C$ 2,000 R 24,000
C$ 5,000 R 60,000
C$ 10,000 R 120,000
C$ 50,000 R 600,000
C$ 100,000 R 1,200,000
More amounts
CAD ZAR
C$ 0.0833 R 1
C$ 0.4167 R 5
C$ 0.8335 R 10
C$ 1.6670 R 20
C$ 4.1674 R 50
C$ 8.3348 R 100
C$ 20.84 R 250
C$ 41.67 R 500
C$ 83.35 R 1,000
C$ 166.70 R 2,000
C$ 416.74 R 5,000
C$ 833.48 R 10,000
C$ 4,167 R 50,000
C$ 8,335 R 100,000
More amounts

Calculate other CAD/ZAR amounts (from or to) at mid-market with our CAD to ZAR Calculator .

 

Canadian Dollar and South African Rand - Market News

 

When determining the best time to make a foreign exchange transaction, in this case the CAD vs ZAR, you should pay attention to the recent market trends for both currencies.

 

Canadian Dollar (CAD)

Canadian Dollar exchange rates have gained amid Canada's economic outlook and recovering oil prices. Early success in controlling COVID-19 has helped the Canadian economy to rebound as massive government aid boosted consumer spending and low interest rates fueled a surge in the housing market.

Get more details in the article Canadian Dollar Forecasts.

 

South African Rand (ZAR)

Rabobank told Bloomberg TV in early April that they see a difficult virus affected year in 2020 for the South African rand.

   

Country Guides - South African Rand

 
South AfricaSouth Africa (ZAR)
     

How to get Good CAD to ZAR Exchange Rates

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

 

What is a good CAD to ZAR exchange rate?

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.

CAD/ZARChangePeriod
11.8916
18 Jan 2021
0.5% ▲1 Week
11.3220
26 Dec 2020
5.6% ▲30 Days
12.2806
27 Oct 2020
2.7% ▼90 Days
10.9828
26 Jan 2020
8.8% ▲1 Year
11.6501
27 Jan 2016
2.6% ▲5 Years
7.1512
28 Jan 2011
67.1% ▲10 Years

CAD/ZAR 10 year historic rates & change to 25-Jan-2021 : 11.9519

 
   

Will the Canadian Dollar rise against the South African Rand?

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 BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

 

View My Alerts

 

Rather than requiring you to set a target rate, our FX Alerts work differently.

Once you add a currency pair to your watchlist we then start automatically checking the exchange rate for any HIGH or LOW event or significant UP or DOWN moves over a range of daily periods only as far back as 90 days.