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    TD Bank CAD to ZAR Exchange Rates

    Compare & Save - TD Bank Canadian dollar to South African rand exchange rates. Latest loonie→eand analysis and review of forecasts.

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    TD Bank Compare & Save - Canadian dollar to South African rand

    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 TD Bank Rate Calculator and Comparison Table makes it easy to compare the Total Cost you are being charged on TD Bank loonie to eand currency rates and the possible savings of using various providers.

    In this loonie to eand (CAD/ZAR) rate guide:


    TD Bank Exchange Rates at a glance

    TD Bank offer competitive exchange rates on over 50 foreign currencies for travel money and transfers via their online internet banking at their branches.

    As usual non-cash rates for transfers are better than Travel Money (Cash) Rates. This reflects the costs and risks associated with shipping, handling and holding foreign currency in cash.

    TD Bank publish their CAD and USD exchange rates here. These Non-Cash rates are available to TD bank clients only and apply to the conversion of paper and electronic instruments such as wire transfers, cheques, drafts, etc.

    @bestfxrates : FX analysts highlight a complex outlook for the CAD/ZAR pair, with the CAD pressured by housing market concerns and the ZAR struggling due to political and economic challenges. Current trade at 14.07 is 1.2% above its 3-month average. Oil price fluctuations key to monitor. #CADZAR

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    CAD to ZAR Market Data

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

    1 CAD =
    13.92We compare provider deals to this wholesale mid-market rate. Read more
    CAD to ZAR at 13.94 is just above its 3-month average, having traded in a fairly volatile 8.1% range from 13.30 to 14.38
    Sell CAD   →   Buy ZAR
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      1 ZAR = 0.071820 CAD
    15 Sep 2023
    0.6% 2 Week
    01 Jul 2023
    2% 3 Month
    29 Sep 2022
    5.9% 1 Year
    30 Sep 2018
    26.6% 5 Year
    01 Oct 2013
    42.5% 10 Year
    04 Oct 2003
    171.1% 20 Year
    CAD/ZAR historic rates & change to 29-Sep-2023

    Forecasts for CAD to ZAR

    CADZAR chart

    Recent exchange rate forecasts for the Canadian dollar (CAD) to the South African rand (ZAR) suggest a mixed outlook for the currency pair. FX analysts note that the CAD has struggled against the US dollar due to the risk-on and risk-off environments in financial markets. However, the performance of the CAD against the ZAR is influenced by different factors.

    Read our full CAD to ZAR forecasts analysis

    CAD note

    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 BER Smart Rate Tracker to track and benefit from currency movements.

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    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    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.


    Country Currency 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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