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Best CAD to ZAR Exchange Rates Compared Live

The best CAD to ZAR exchange rate is 13.97. Compare foreign transfer and currency exchange rates, find better rates & deals.

CAD-ZAR Best Exchange Rate Calculator
 

Comparing CAD-ZAR exchange rates

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.

The above Loonie to Rand comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest CAD-ZAR mid-rate (see below) and the possible savings of using another provider.

 
@bestfxrates : 📈 #CADZAR hit 7-day highs near 13.99 amidst oil price fluctuations & USD correlation. CAD shows resilience while ZAR grapples with internal strife & geopolitical tensions. Market view: closely monitor oil & macro factors for future exchange rate moves. #Forex #CurrencyTrading

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CAD to ZAR Market Data

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

 
1 CAD =
13.97We compare provider deals to this wholesale mid-market rate. Read more
ZAR
+0.4%
📈1W
CAD to ZAR is at 7-day highs near 13.99, near its 3-month average, having traded in a quite stable 5.0% range from 13.64 to 14.32
|
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  1 ZAR = 0.071566 CAD
DateCAD/ZARChangePeriod
14 Mar 2024
13.84
1.1% â–²2 Week
29 Dec 2023
13.80
1.4% â–²3 Month
29 Mar 2023
13.34
4.9% â–²1 Year
30 Mar 2019
10.86
28.8% â–²5 Year
31 Mar 2014
9.5392
46.7% â–²10 Year
02 Apr 2004
4.8562
188.1% â–²20 Year
CAD/ZAR historic rates & change to 28-Mar-2024
 

What are equivalent amounts of CAD and ZAR?

Here are some popular conversion amounts for CAD to ZAR (Canadian dollar to South African rand)*.

CAD ZAR
C$ 1 R 13.97
C$ 5 R 69.85
C$ 10 R 139.70
C$ 20 R 279.40
C$ 50 R 698.50
C$ 100 R 1,397
C$ 250 R 3,493
C$ 500 R 6,985
C$ 1,000 R 13,970
C$ 2,000 R 27,940
C$ 5,000 R 69,850
C$ 10,000 R 139,700
C$ 20,000 R 279,400
C$ 50,000 R 698,500
C$ 100,000 R 1,397,000
CAD ZAR
C$ 0.0716 R 1
C$ 0.3578 R 5
C$ 0.7157 R 10
C$ 1.4313 R 20
C$ 3.5783 R 50
C$ 7.1566 R 100
C$ 17.89 R 250
C$ 35.78 R 500
C$ 71.57 R 1,000
C$ 143.13 R 2,000
C$ 357.83 R 5,000
C$ 715.66 R 10,000
C$ 1,431 R 20,000
C$ 3,578 R 50,000
C$ 7,157 R 100,000

More amounts

*Converted at the current CADZAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for CAD to ZAR

 

The Canadian dollar (CAD) has exhibited strength against the South African rand (ZAR) in recent days, with the CAD to ZAR exchange rate reaching 7-day highs near 13.99, trading within a stable 5.0% range from 13.64 to 14.32. The CAD benefited from its positive correlation with the US dollar, allowing it to withstand the impact of fluctuating oil prices, which are crucial for CAD as Canada is a major oil exporter. Despite concerns about weaker monetary policies and potential rate cuts from the Bank of Canada impacting the CAD's performance, FX analysts see the CAD maintaining its link to oil prices while acknowledging the currency's positive correlation with the USD. CIBC Capital Markets foresee a potentially stronger 2025 for the Canadian Dollar against major currencies, indicating optimism for the Loonie despite short-term challenges.

Read our full review of recent CAD to ZAR forecasts.

 

How to get a good CAD to ZAR exchange rate

There are several ways to save on exchange rates when converting Canadian dollar to South African rand:

  1. Shop around for the best CAD/ZAR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the CAD/ZAR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both CAD and ZAR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying South African rand with Canadian dollar, then it's better for the CAD/ZAR exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

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 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.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to South Africa - a practical currency and money guide to travel, living and doing business in South Africa with the South African rand.

 
 
 

Currency Country Guides

CanadaCanada (CAD)South AfricaSouth Africa (ZAR)
 

Is it safe in South Africa?

South Africa has a high crime rate, and certain areas or neighborhoods can be dangerous for foreigners. However, many areas are safe and tourist-friendly. It is important to exercise caution and be aware of your surroundings, avoid carrying valuables and stay in well-populated areas. Americans travelling to South Africa are recommended to check the U.S. Department of State website for travel advisories and to register with the Smart Traveler Enrollment Program.

What is the cost of living in South Africa?

The cost of living in South Africa is relatively low compared to other countries in the world. However, it is important to note that the cost of living can vary greatly depending on the specific location within the country.

Read more at our South Africa (ZAR) country guide

   
 
 

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

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