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 transaction type, details and click ‘GET RATES’.
CAD to ZAR Market Data
Canadian dollar (CAD) to South African rand (ZAR) market data - latest interbank exchange rate, trend, chart & historic rates.
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:
#CADtoZAR hits 30-day high at 13.21, up despite oil market pressures. Analysts warn CAD vulnerable to crude price swings affecting export revenues. Watch oil/USD at 90-day high (75.62) for clues on loonie's direction vs ZAR
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 12.9189, -2.1% 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
CAD to ZAR - Send Money comparison table the provider with the best CAD to ZAR exchange rate is OFX at 13.13, -0.53% from the latest mid-market rate 13.20.
The next best is XE at 13.12, -0.61% from the mid-rate.
Then Wise at 13.12, which is -0.61% 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.
The Canadian dollar (CAD) remains mixed in its performance against the US dollar (USD), even in the face of declining oil prices, which typically influence the...