Rate direction
South African rand to Canadian dollar · ZAR/CAD trend
Review the recent market direction, current mid-market rate and significant movement alerts.
Current mid-market rate
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ZAR/CAD exchange rate
90-day market context
ZAR to CAD at 0.085004 is near its 3-month average, having traded in a relatively stable 7.3% range from 0.081698 to 0.087658
Currency Forecasts related to ZAR/CAD
CAD to ZAR Exchange Rate Forecast & Outlook
Currently, CAD/ZAR is trading near its 3-month average, within a stable range. The risk-off environment is supporting the pair but keeps it capped near recent highs.
ZAR to CAD Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
To help you understand the real-world value of the current exchange rate, the table below shows how much South African rand are worth in Canadian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different ZAR amounts at today’s rate * :
*Converted at the current ZAR-CAD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the
best Send Money conversion rate for ZAR to CAD?
The best ZAR to CAD exchange rate is 0.0854 from OFX . This is -0.45% compared to the mid-market rate 0.085790.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare South African rand (ZAR) to Canadian dollar (CAD) rates from different sources before making a conversion.
The above Rand to Loonie 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 ZAR-CAD mid-rate and the possible savings of using various providers.
How do ZAR-CAD rates compare between providers?
Looking at the full ZAR to CAD - Send Money comparison table the provider with the best ZAR to CAD exchange rate is OFX at 0.0854, -0.45% from the latest mid-market rate 0.085790.
The next best is XE at 0.0853, -0.57% from the mid-rate.
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.