Understanding the Table:
The comparison table above helps you see the total cost of your Desjardins 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 ‘Compare’.
Canadian dollar (CAD) to South African rand (ZAR) market data - latest interbank exchange rate, trend, chart & historic rates.
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 |
|---|---|---|---|
21 May 2025 | 12.97 | 0.4% ▲ | 2 Week |
06 Mar 2025 | 12.69 | 2.6% ▲ | 3 Month |
04 Jun 2024 | 13.69 | 4.9% ▼ | 1 Year |
05 Jun 2020 | 12.56 | 3.7% ▲ | 5 Year |
07 Jun 2015 | 10.13 | 28.5% ▲ | 10 Year |
09 Jun 2005 | 5.4078 | 140.8% ▲ | 20 Year |
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 * :
*Converted at the current CAD-ZAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Desjardins CAD to ZAR exchange rate is 12.47. This is -4.2% compared to the latest CAD-ZAR mid-market rate 13.01.
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.
Looking at our comparison table the best CAD to ZAR exchange rate is 12.94 from OFX, -0.54% from the mid-market rate 13.01. The next best rate is 12.94 from Wise, -0.54% from the mid-rate. Then XE with 12.93 is -0.61% from the mid-rate.
The Western Union rate is 12.88 which is -1% from the mid-rate.
Among the banks the TD Bank rate is 11.90 at -8.5% the Scotiabank rate is 12.61 at -3.1% compared to the mid-rate 13.01.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Desjardins 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.
The Desjardins - Loonie to Rand comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Desjardins and other foreign exchange providers against the latest CAD-ZAR mid-rate and the possible savings of using various providers.
View a full list of exchange rates by selecting your Base (from) currency: