CNY/ZAR: what to know
The CNY/ZAR rate shows how much ZAR you get for 1 CNY. Right now, 1 CNY buys 2.4855 ZAR at the mid-market rate. In the other direction, 1 ZAR is worth 0.4023 CNY.
In the short term CNY is driven mainly by PBoC decisions and Chinese growth, while ZAR responds to commodity prices and risk appetite.
The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen. The South African Rand (ZAR) is issued by South African Reserve Bank. The rand is named after the Witwatersrand ridge, where gold was discovered.
Available archived CNY/ZAR observations within the last 365 days range from 2.2565 to 2.4864, with a -1.64% change from the first to the last available sample. This is not necessarily a full year of observations or an intraday range.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.