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OFX CAD to ZAR Exchange Rates & Currency Deals

CAD-ZAR Rate Calculator

 
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your OFX 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 transaction type, details and click ‘GET RATES’.

 
 

OFX - CAD Rate Margin Analysis

The average CAD rate margin offered by OFX is 3.4%.

This average is based on individual CAD 10K transfer rates in the currency pairs from OFX that we monitor.

💡  It is important to note that these OFX rates are their public quoted rates and do not include our special BER/OFX deals rates which start at 0.5% for major currencies and improve for larger amounts. Please use our calculators to check these special rates and use our 'Visit OFX' links to secure these deals.

 

OFX - Best and Worst Value Rates

The tables below show the best and worst exchange rate margins offered by OFX for Canadian dollar (CAD 10K) transactions. Margins show the percentage difference from the mid-market rate.

OFX Best Value Rates (Lowest Margins)

Currency Pair OFX Rate Mid Market Rate Margin
CAD/AUD 1.0782 1.0961 1.6%
CAD/USD 0.7021 0.7138 1.6%
CAD/GBP 0.5226 0.5314 1.7%
CAD/HKD 5.4451 5.5443 1.8%
CAD/NZD 1.2212 1.2435 1.8%

OFX Worst Value Rates (Highest Margins)

Currency Pair OFX Rate Mid Market Rate Margin
CAD/TOP 1.5191 1.7186 11.6%
CAD/SBD 5.2389 5.8795 10.9%
CAD/MGA 2,851.14 3,181.46 10.4%
CAD/PGK 2.8170 3.0505 7.7%
CAD/PEN 2.2998 2.4217 5.0%
 
   

CAD to ZAR Market Data

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

 
Sell CAD   →   Buy ZAR
1 CAD = 11.86 ZAR
1d−0.4%
90dLows
CAD to ZAR is at 90-day lows near 11.81, 3.3% below its 3-month average of 12.21, having traded in a quite stable 5.3% range from 11.81 to 12.44
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Tracker

Currency Forecasts related to CAD/ZAR

CAD to ZAR 2026 Forecasts

Bias: bearish-to-range-bound, CAD/ZAR sits below its 90-day average and in the lower half of the three-month range.

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CAD to USD 2026 Forecasts

Bias: CAD/USD is bullish-to-range-bound, trading above its 90-day average and in the upper half of the 3-month range, with oil and data helping support this bias.

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USD to ZAR 2026 Forecasts

Bias: bearish-to-range-bound, as USD/ZAR sits below its 90-day average and in the lower half of the three-month range.

Read forecast

CAD/ZAR below its 90-day avg and in the lower half of the 3‑month range; BoC-SARB gap keeps CAD soft. Oil volatility supports CAD via the export link, while SARB easing attracts rand inflows. Bias: bearish-to-range-bound, with a test of the lower end if oil fades or risk appetite wanes. Bias Bearish-to-range-bound; CAD/ZAR sits below its 90-day average and in the lower half of the three-month range. Key drivers - Rate gap: BoC (Bank of Canada) policy rate sits well below SARB’s, and the BoC has signaled it will remain supportive, which tends to keep CAD weaker against ZAR. - Risk/commodities: Oil is near the upper end of its range, adding to CAD’s support from its oil export link, though moves remain volatile. - Macro factor: SARB’s rate cut and improving inflation outlook have drawn global funds into rand assets, lifting ZAR. Range CAD/ZAR is expected to drift within its recent band, with a bias toward testing the lower end if oil fades or risk appetite wanes. What could change it - Upside risk: Oil price momentum persists, lifting CAD via the commodity export channel. - Downside risk: Rand strength accelerates on continued inflows and deeper SARB easing, pressuring CAD further

 

CAD to ZAR Conversion: What Is Your Money Worth?

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 * :

CAD ZAR
C$ 1 R 11.86
C$ 5 R 59.30
C$ 10 R 118.60
C$ 20 R 237.20
C$ 50 R 593.00
C$ 100 R 1,186
C$ 250 R 2,965
C$ 500 R 5,930
C$ 1,000 R 11,860
C$ 2,000 R 23,720
C$ 5,000 R 59,300
C$ 10,000 R 118,600
C$ 20,000 R 237,200
C$ 50,000 R 593,000
C$ 100,000 R 1,186,000
CAD ZAR
C$ 0.0843 R 1
C$ 0.4215 R 5
C$ 0.8430 R 10
C$ 1.6860 R 20
C$ 4.2151 R 50
C$ 8.4302 R 100
C$ 21.08 R 250
C$ 42.15 R 500
C$ 84.30 R 1,000
C$ 168.60 R 2,000
C$ 421.51 R 5,000
C$ 843.02 R 10,000
C$ 1,686 R 20,000
C$ 4,215 R 50,000
C$ 8,430 R 100,000

More amounts

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

 
 

What is the OFX Send Money conversion rate for CAD to ZAR?

The OFX CAD to ZAR exchange rate is 11.8. This is -0.51% compared to the latest CAD-ZAR mid-market rate 11.86.

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 OFX - Loonie to Rand comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by OFX and other foreign exchange providers against the latest CAD-ZAR mid-rate and the possible savings of using various providers. 

How do OFX CAD-ZAR rates compare between providers?

Looking at the full CAD to ZAR - Send Money comparison table the provider with the best CAD to ZAR exchange rate is OFX at 11.8, -0.51% from the latest mid-market rate 11.86.

The next best is XE at 11.79, -0.59% from the mid-rate.

Then Western Union at 11.74, which is -1% from the mid-rate.

Among the banks the TD Bank rate is 11.36 at -4.2% the Scotiabank rate is 11.49 at -3.1% and the Royal Bank of Canada rate is 11.34 at -4.4% compared to the mid-rate 11.86.

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 like OFX or platforms that offer rates closer to the mid-market rate.

 

Compare CAD to ZAR Transfer Rates

   

View a full list of exchange rates by selecting your Base (from) currency: