The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your details and click ‘Get Rates’.
Save Money - Compare Exchange Rate Margins & Fees
Sending money to South Africa can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to South Africa bank accounts or pay a South African rand invoice.
CAD to ZAR Market Data
Canadian dollar (CAD) to South African rand (ZAR) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD to ZAR at 12.96 is 1.2% below its 3-month average of 13.12, having traded in a quite volatile 10.1% range from 12.62 to 13.89
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Tracker
1 ZAR =
0.076951 CAD
Is the CAD to ZAR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Canadian dollar against the South African rand is to review how the CAD/ZAR rate has changed over time.
The table below shows the percentage change in the CAD to ZAR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
CAD/ZAR
Change
Period
23 May 2025
12.99
0.1% ▲
2 Week
08 Mar 2025
12.70
2.4% ▲
3 Month
06 Jun 2024
13.88
6.3% ▼
1 Year
07 Jun 2020
12.51
3.9% ▲
5 Year
09 Jun 2015
10.08
29% ▲
10 Year
11 Jun 2005
5.3785
141.7% ▲
20 Year
CAD/ZAR historic rates & change to 06-Jun-2025
#CADtoZAR under pressure as CAD weakens on trade deficit & falling oil prices. Loonie now at 12.96, down 1.2% from 3-month avg. Analysts say upcoming employment data could push CAD lower if unemployment rises
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in South African rand across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
The standard OFX CAD-ZAR rate is 12.7085, -2.2% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully 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 by
banks and other foreign exchange providers against the latest CAD-ZAR mid-rate and the possible savings of using various providers.
How do CAD-ZAR rates compare between providers?
Looking at the
full comparison table
the best CAD to ZAR exchange rate is 12.94 from OFX, -0.46% from the mid-market rate 13.00. The next best rate is 12.92 from XE, -0.62% from the mid-rate. Then Wise with 12.92 is -0.62% from the mid-rate.
The Western Union rate is 12.87 which is -1% from the mid-rate.
Among the banks the TD Bank rate is 11.90 at -8.5% the Scotiabank rate is 12.58 at -3.2% compared to the mid-rate 13.00.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency: